General Comments Markets were lower most of the overnight period as traders anticipated that the USDA reports would be at least bearish soybeans and at best neutral corn and wheat. They got what they expected with a big yield increase in soybeans, although nearly all of that was absorbed by increased demand forecasts. Nevertheless, the selling pressure across the soy complex continued throughout today's session. Corn, on the other hand, showed some independent strength while wheat vacillated back and forth. Informa updated its 2013 acreage expectations and they were bearish (no surprise) with very small increases expected in corn, soybean and wheat plantings, and reduced cotton plantings from previous numbers. Weather is still supportive...
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.