The old crop corn market remains totally quiet with a few sellers ready to trade at $0.90 over December futures for October and November and with a few cents carry for December/January shipment. The main problem is that U.S. corn is much more competitive and leaves no demand for Argentine origin. Soybeans Activity resumed this Monday with the Dalian Exchange’s return to business after the conclusion of last week’s holiday in China. During the lackluster holiday week, basis decreased in the U.S. due to lack of demand. However, sellers were expecting bids this week as Chinese crush margins were expected to be very good. Some bids have been received thus far, but demand has not been as active as expected, which is a big concern as there is s...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.