Corn was the upside leader for the CBOT in a generally quiet day of post-Thanksgiving trading. The Export Sales report offered support for corn but did little for the other major ag commodities. Soybeans traded both sides of unchanged and ended slightly higher while wheat sold off sharply heading into the closing bell. Interestingly, the final settlement prices in SRW wheat were some 4-5 cents higher than the last traded futures price, indicating a fair bit of options trade or block trades occurred at the last minute. Overall, the day’s trade did little to alter the existing trends; corn and soybeans are trending sideways while wheat continues to sink lower amid fund selling despite a relatively bullish fundamental outlook.  ...
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.
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...