CBOT grain markets were sharply higher at mid-week with wheat leading the way after Russia warned against any ships traveling to Ukraine. The warning followed a Russian attack on Ukraine’s top two export ports overnight. Many analysts are referring to Russia’s latest moves as a return to “scorched earth” tactics. The latest unchecked aggression from Russia has sent funds scrambling to cover shorts and triggering technical buying signals that send futures higher. Between the renewed attacks in Ukraine and the U.S. weather forecast consistently showing hot, dry conditions for the next weeks, bulls have been awakened and it looks like we’re at the start of another “weather market” rally, this ti...
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: 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...