The implication going forward is that corn acres are in jeopardy for the 2015 crop year under the current market price structure. Soybeans have had a significant financial advantage for the last year, which is why those acres are up so much from last year.It has been several years since agriculture production has seen prices drop this low this fast. Some futures markets declined to their lowest levels in four years today, and it seems very likely that prices will continue to decrease, although the pace should start to slow. How much more bearish news is left for the markets to trade?I spoke at a meeting of farmers in the northern Corn Belt a week ago. The mood, as you would expect, was pretty subdued. For the first time since back in 2009,...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.