The weekly CFTC report was in-line with expectations as it showed funds still being heavy net sellers in soybeans and corn with light short selling in the SRW wheat contract. Equally unsurprising was the net buying by managed money traders in soymeal and soyoil as they’ve largely whittled down their soymeal short and are looking to cover some of the soyoil short. The net buying in the livestock complex was entirely unsurprising, though the hog position has likely been pared down since this week’s market top. The report will lean bearish corn, soybeans, wheat, and soyoil next week while being friendly the livestock contracts and soymeal. ...
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.
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...