The supply/demand estimates contained in USDA’s March WASDE released this week might have set a record for the fewest changes from the preceding month if such records were kept. This is to say that the March 2020 WASDE offered virtually nothing fundamentally new on which the grain and soy markets might trade. Of course, with the overhanging impact of the coronavirus and its economic impact plus the Saudi/Russian price war in the world crude oil market these days, grain and soy market fundamentals have taken a backseat to the volatility of each day’s macro influences. Yet, it is worthwhile, we think, to step back and take a look at the fundamental “big picture” that sooner or later will direct grain and soy market pr...
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.
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...