CBOT markets opened mostly higher with support from oversold technical conditions and strength from rising U.S. equity markets. Coronavirus is far from over, but the shock of the story seems to be wearing off. Wheat and corn found early support while the soy complex was dominated by sell meal/buy oil trade. President Trump’s top economic advisor, Larry Kudlow, said today that China’s coronavirus would delay the “export boom from the trade deal”. The deal will take effect on 15 February, but recent rumors suggest China is considering invoking an article in the deal that allows for flexibility on purchase commitments in the event of large disruptive events. WPI thinks it’s too early to put much faith in th...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...