Given what was happening with soybeans and corn, today's price break by CME wheat seemed about in line, and KC HRW's losses actually appear rather modest. General Comments Grain and soy prices sank under the pressure of sustained selling by both commercials and non-commercials. Old crop soybeans led the way down and everything else followed. 1 May is the first day of the new system of daily limits, and July soybeans dropped 51.75 cents, or more than half of its $1.00 daily limit. The May soybean contract, which has no limit as it is current for deliveries, closed down 57.25 cents. The corn market was down, but not in quite the same spectacular fashion. Corn prices fell 8-12 cents with old crop contracts taking the biggest losses. CME SRW...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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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.