Monday is the U.S. Labor Day holiday – it marks several things, including the nominal end of summer. With the end of summer comes a drop in gasoline demand (read ethanol) as vacation travel ends. There will be a temporary increase in meat demand for holiday barbecues, but then a seasonal drop until the Christmas holidays. It is also the start of a new crop year, and in election years, Labor Day is the kickoff of the frenetic campaign season and the final stretch until the election day. Over the past decade, it has also marked the countdown to getting appropriations bills passed. FY 2020 fiscal year ends in three and a half weeks, and to date Congress has not passed a budget. It’s unlikely they will prior to the election. What w...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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...
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.