USDA will release its June WASDE (supply/demand) report tomorrow. Will there be any substantive surprises in tomorrow’s numbers? That is doubtful. It is more likely that markets will continue to worry more about all the various trade issues and the North Korean talks than changes in supply and demand estimates. Having said that, below are a few things to look for in tomorrow’s WASDE and crop production estimates. Corn: A few items that will eventually make a difference to the U.S. and world corn markets might be addressed tomorrow. The first and most obvious will be the corn production estimates for Brazil and Ukraine. Both numbers should come down from last month. USDA had pegged Brazil’s corn crop at 87 MMT in May, down...
What You Need to Know Today: President Trump suspended the planned attacks on Iran and announced that the pieces for a framework for peace were in place in a weekend social media post. Iran, however, later said no efforts were underway to conduct negotiations with the U.S., though Oman indicat...
Key Takeaways: E15 expansion would support corn and ethanol demand by increasing domestic biofuel consumption and reducing reliance on petroleum-based fuels. Year-round E15 has gained bipartisan momentum, but the policy remains in legislative limbo as lawmakers continue to negotiate provisions...
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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.