Today's strong across-the-board rally by grain and soy futures is a throwback to the sort of price action seen during the bull market days of 2012/13. General Comments Following yesterday's big drop, U.S. and European equity markets stabilized with U.S. averages closing modestly higher. The Dow gained back about 72 points. The U.S. dollar index gained, while gold declined. As stability appeared to return, crude oil closed higher as did copper, ending a long streak of lower closes. The DJ-UBS Commodity Index closed higher. Its largest component, natural gas, soared again as more frigid weather is forecast for the eastern half of the U.S. for the next week.Shades of the late bull market! The overnight session had low volume and mixed prices...
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...