Yesterday’s soy complex market performance had many market watchers wondering what was going on. The clarity of hindsight suggests that the rally resulted from a number of factors combining to bring a rush of buying interest.Soy complex futures prices surged higher yesterday (21 November), catching many traders by surprise. Spot January soybeans were up more than 24 cents, and March soybeans were about 26 cents higher at the close as the soybean market was back to testing strong upside technical resistance levels. Those resistance points were well punctured by midway through the day session this morning, and the soybean market is looking technically strong as of this writing. Monday’s strong rally was not limited to just soybeans as the spo...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.