General Comments Overnight trade in grains and the soy complex began with mixed results. Corn and wheat seemed to want to move lower, but the continued chart-related strength of soybeans pulled them to the plus side. No one disputes that the market needs to restrain export and domestic demand for U.S. soybeans, but what corn and wheat supply and demand fundamentals mean for the futures market just now is not clear. Additionally, the corn market failed to penetrate upside resistance, causing that market to lose favor among technically oriented fund managers. These factors, or perhaps lack of factors, led to what we might call hesitant trading in the absence of fundamental or technical direction.The overnight session became a prologue for...
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.