The CBOT was mostly quiet heading into two of the biggest reports of the year – the 1 March Grain Stocks report and the Prospective Planting report. The gist of the reports was that they were bearish corn with larger than expected acreage, bullish soybeans with smaller-than-expected stocks and acreage, and neutral wheat with stocks and acres (except for spring wheat) largely in-line with expectations. The reports sparked a strong rally in the soy complex and sent soybeans 30+ cents higher, and that rally spilled over and helped old crop corn futures push higher as well. Wheat futures were mixed and mostly continue to trade their individual weather patterns, which means bearish SRW futures and bullish the HRW market. Minneapolis spring...
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.