The CBOT was mixed to end a week that featured mostly bearishness with a surprise decline in Argentina’s soybean crop ratings sparking a rally in soybeans and soymeal. Corn futures traded both sides of unchanged and only posted 1-cent gains for the day, but signs of strength were evident. Wheat futures were lower again and erased most of the support signs that emerged on Thursday. The livestock contracts were all lower as well with cattle drifting lower in quiet trade while the hog market saw a sharper selloff. The Export Sales report was once again bearish the corn market with sales and exports falling below their needed target. Wheat shipments were also disappointing and were just one-quarter of last week’s volume, a su...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.