General Comments The screens were "green" overnight and that buying carried over into today's activity. Volume, however, was very light. Wheat led the markets higher on news that Brazil was dropping its 10 percent duty on imports from non-Mercosur countries and reportedly had bought 100,000 MT of U.S. hard red winter wheat. There also was talk of increased interest in milling wheat from China. China will be back to work from the Lunar New Year holiday, and that carries some expectations that the steep price decline since last Friday might bring some buying activity; however, USDA did announce the cancellation of 250,000 MT of soybean sales to "unknown" this morning.The dollar index was trading slight higher today while crude oil was down...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.