General Comments The decline in corn and soybean weekly crop ratings gave a firm tone to overnight grain and soy trading activity aided by the early EU weather model run. This model appeared to predict the formation of a high pressure ridge over the Midwest during late July that would bring in some hot, dry conditions. Overnight trading volume was moderate.The higher prices carried over to the day session as nervous traders sought to add something for weather risk. Trading volume varied, but at times was quite brisk. Fund buying also supported the rally. The midday Global Forecast System (GFS) weather model came out broadly disagreeing with the morning EU model. The GFS model foresees cooler and wetter conditions for next week wi...
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.