The CBOT firmed to start the week with new crop futures strengthening on a cooler, wetter planting outlook for the U.S. summer crops. Funds were again on the long side of the market after last week’s late-week gains and supported values on Monday. Concerns about planting delays pushed corn and, to a lesser extent, soybeans higher while more worries about the Black Sea export deal sent wheat sharply higher. The U.S. weather outlook took a turn for the poorer over the weekend and the 2-5-day outlook features wetter than normal conditions for the Northern Plains and western/central Corn Belt with above aveage temperatures. The 6-10-day outlook, however, features widespread cool temperatures west of the Rockies with most of the Mid...
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.