CBOT futures largely continued their existing trends (i.e., lower) on Wednesday, with the exception that corn futures pushed higher and scored 2-cent gains for the day. The heat building in the western Corn Belt is a threat to yields, and corn futures were consequently on edge Wednesday. The soy complex and wheat futures both continued to trade lower with technical conditions and patterns breaking down for both markets. Funds were again net sellers across the board in the soy complex and wheat, while buying some 3,000 contracts of corn. Outside markets were higher on Wednesday, due partly to the fact that Nancy Pelosi’s visit to Taiwan did not immediately result in a war, trade or otherwise, between the U.S. and China. The issu...
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.