Macroeconomic and commodity market policy factors were front and center for the CBOT’s trade on Wednesday, following the devaluation of the Argentine peso and the Federal Reserve’s interest rate decision. Both policy decisions came in as expected with the Fed holding rates unchanged and Argentina’s new President Milei issuing a sharp cut to the peso. U.S. commodity markets saw more threat than benefit from Argentina’s move and the soy complex sold off sharply in response and dragged corn lower as well. Wheat futures were on the defensive in light-volume trade amid a general lack of news. Ag commodity markets should have seen some support from a weaker U.S. dollar and higher crude oil futures that developed following...
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.