Except for the wheat market, the CBOT and CME largely continued their existing trends on Wednesday. Wheat futures offered perhaps the most interesting trade as HRW futures reversed course from their recent weather-induced rally and pulled back. The spot KCBT contract settled below $6.00, which could trigger additional selling this week. In contrast to the KC and to a lesser extent Chicago markets, Paris wheat futures rallied with strong technical support. Corn and soybeans were mostly sideways or lower for the day as a general lack of news dampened trading interest. Cattle futures rallied to new contract and all-time highs as beef demand continues to support the bullish market sentiment. Overall, there is little to drive fresh fund buying i...
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.