It was the record-high temperatures and strong winds across the Southern Plains over the weekend that rallied wheat markets. Some weather forecasters were making comparisons with the Dust Bowl summer of 1936, although it isn't nearly that bad yet. General Comments Wheat futures exploded upward at the opening Sunday night and traded 20+ cents higher. This strength helped corn and, to a lesser extent, soybeans. It was the record-high temperatures and strong winds across the Southern Plains over the weekend that rallied wheat markets. The weekend unrest in Ukraine also supported both the wheat and corn markets. Additionally, Stats Canada released its 31 March stocks report, and the canola number was a new record with wheat supplies the large...
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.