Phase One Flaws Headlines surrounding China’s import purchases from the U.S. reflect the challenge of politically motivated purchasing agreements. On the one hand, analysts note that China’s imports of U.S. goods slowed again in May, making it unlikely that it will meet the purchase targets in the Phase One trade agreement. On the other, it is observed that soybeans have rallied this week on Chinese purchases from the U.S. despite South America being cheaper. Larger forward purchases could be coming once the U.S. new crop is harvested and prices become more competitive. Agricultural Supports Critique The OECD issued its 2021 report entitled Agricultural Policy Monitoring and Evaluation and it does not paint a pretty pic...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
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.