World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Bull Wheat, Bear Beans; Corn Takes a Break

There was notably higher volume trading soybeans, soyoil, HRW, and beef today. Each driven by different factors; all appeared to be driven more by fundamentals than stochastic parrots.    Export sales were generally lower than the prior week, except for soyoil, but were higher than the prior four-week average, except for soyoil. Soyoil is more distorted than other commodities due to the domestic demand for renewable diesel. That distortion may have come into play in today’s trading. The annual meeting of the International Grains Council this week in New Orleans included revised estimates for 2023/24 grain production and trade. Although global corn and soybean carryover will increase, overall total grain ending stocks...

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WPI Transportation Report

Dry Bulk Ocean Freight  Dry bulk freight markets saw strength emerge this week with the Capesize sector rallying in early trade, but giving up some of those gains at the week’s end. Panamax and Supramax markets pushed higher initially as well, but now look like they will head sideway...

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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.

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