General Comments Overnight trade in grain and soy futures saw a reversal of recent trends. Wheat and corn incurred some selling by traders seeking to cash profits from the recent rally. Meanwhile, soybeans traded higher triggered by fears that buyers were trying to switch more nearby demand away from Brazilian loading delays to the U.S., with a further tightening of supplies the result.Although there were no daily sales announcements, and last week's old crop export sales amounted to only 107,800 MT, fears of further old crop demand and tightening supplies coalesced during the day session, pushing soybean and soy product prices still higher. May soybeans took out the 100-day moving average of $14.32. When the market rose above $14.40, it...
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.