GOOD MORNING, The adage is that low prices cure low prices. But now it's also enough to say that a few tweets and headlines along with some positive technical signals will aid in price recovery as well. Trump's tweets had been hinting at some kind of resolution, but this time the markets heeded what was said with China echoing that they would also play the negotiation game. Bears were caught at fresh lows in grains, which fueled yesterday's turn-around. Media outlets continue to say that US negotiators have reached terms of the phase one deal and await the President's sign-off. China continues to a verbal agreement to purchase $50 bln of farm products in 2020, which would exceed the record amount of $26...
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.