General Comments Corn and soy futures prices continued the down one day and up the next pattern of recent days. Traders are parsing every weather model run and forecast as well as rainfall totals and temperature readings across the Corn Belt but focusing most intently on Iowa, Minnesota, Nebraska and Illinois. There is a general consensus that rain is needed over most of the western Belt. Unfortunately, weather models and forecasts have been ambivalent while changeable and frequently inconsistent about the timing of any potential rain, the likely amounts and the coverage. One might summarize the general weather outlook into early September as offering chances of rain over some of the dry areas at some time while temperatures turn warme...
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.
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...