GOOD MORNING, Prices are higher after yesterday's strong performances. Funds added length to their already long positions yesterday, buying 2000 wheat contracts, 6000 corn, 13,000 beans, 3000 meal, and 5000 soyoil. Funds are now estimated to be long 30K wheat contracts, 381K corn, 185K beans, 70K meal, and 124,000K soyoil. Farmers were better sellers of corn on yesterday's rally with a slightly weaker cash basis. Dalian vegoil prices are higher as are beans, along with higher EU wheat and corn. World vegoil prices continue to rise, with talk that China purchased palm-oil. Soyoil futures continue to print new contract highs, taking oilshare ever higher, as canola prices continue to sur...
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.