General Comments The markets took a much deserved vacation today with prices trading both sides of unchanged in moderate volume. It is reported that traditional funds (as opposed to index funds) sold more than 30,000 contracts of soybeans and corn this week and more than 16,000 contracts of soymeal. They are still small longs in corn and soybeans but are short soyoil and wheat. There are all kinds of reports as to what triggered the selling that started Tuesday but there is no doubt that it triggered massive technical selling as prices cascaded lower.Financial markets were lower today but U.S. equity markets had recovered half of the day's early losses by early afternoon. The dollar index and crude oil were also lower.Weather forecasts...
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.