General Comments Overnight trade saw more short covering and mostly firmer prices in response to what were seen as unfavorable weather forecasts – no break in the heat until the weekend and limited rain chances. During the day session, grain and soy prices once again traded both sides. The midday weather model added more rain to its outlook for next week, but it limited the coverage to northern and eastern portions of the Corn Belt which would miss some of the driest areas. By today's close, soybeans and corn had diverged with soybeans closing higher except for the September contract. Corn finished down a few cents. The current weather conditions are seen as less threatening for corn than soybeans. Trading volume was down noticea...
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.