On 30 April , we reported about inflation, massive government spending, and the reopening economy. As we wrote: Alleviating supply chain bottlenecks and rebuilding inventories across more sectors as the economy starts moving back to normal is causing only “transitory” inflation in the Fed‘s perspective. If the Fed is right, it is a smooth transition of the COVID economy. If not, they’ll have to revisit their outlook for holding interest rates steady until 2023 and the economy could be more of a roller coaster. At yesterday’s meeting, they started the process of possibly revisiting their outlook. That was one of their so-called dot-plot meetings, which refers to a chart the committee issues wit...
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.