Commodity futures volume is notably higher on WASDE release dates, and understandably lower on short trading days like Christmas Eve. Putting it into context, in recent years the volume of soybean and SRW contracts traded on Christmas Eve has been about one-third the volume traded on the WASDE release date for December. The highest recently traded volume for Christmas Eve was in 2017, while the lowest was in 2012. What is notable is that the volume traded on Christmas Eve has generally been trending larger. Meaning that over time, this is becoming a busier day for work. It is unclear whether this is the result of increased secularism, financial pressure, or the Amazon effect of enabling holiday shopping and commodity trading to occur...
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.