If the factors we point to in hindsight are largely responsible for the recent upturn in grain and soy prices, what about foresight? What is likely to happen in the future?Freely-traded markets of all kinds generate a demand for explanations of why prices act the way they do and what they will do next. This demand is particularly strong for bellwethers such as equity markets and important derivative markets, including those representing grains and oilseeds. It is filled by a breed of market observers usually referred to as analysts. There are no particular requirements necessary for anyone wishing to become a market analyst and no specific education needed, tests to take or license to obtain. It may help a budding analyst's resume if he can...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.