The Market They're up, they’re down, they’re up. It was a yo-yo week, though ultimately ending 64 cents higher for November soybeans, and trading hit a six-week high price. There were lots of influences including Russia’s off and on concession to a grain corridor, disruptive demonstrations in Brazil, higher energy prices, macro-economic growth, etc. Yesterday was the only down day for soybeans in the last nine trading sessions. December meal had a loss of $5/ST, and a 5.38 cent gain for December soyoil. Russia caused some of the volatility by initially saying it was suspending the Black Sea corridor agreement for exporting Ukrainian output, and then retracting the position mid-week. The 7.5 percent weekly gain for...
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.