General Comments Today was one of the quietest and more boring days for anyone watching the markets in a long time. Soybeans were weak all night and throughout today. Corn and wheat futures were steady to higher until late morning when they took a turn for the worse and traded 3-4 lower. There were no export sales announcements from USDA today. Financial markets were mixed following news that the U.S. third quarter GDP grew at a slightly better-than-expected 2 percent. Most of that growth was attributed to more government spending. The U.S. election is quickly approaching and that could be pushing some nervous money to the sidelines. Talk of 2013 fund rebalancing that would reduce length in soybeans and corn and increase length in wheat...
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: 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...