Soybeans again defied all of the bearish fundamental inputs and rallied sharply on significant fund buying. That left many in the trade looking for a solid reason for the new crop bullishness with record world supplies on the horizon. General Comments Markets were almost identical to Friday's trade overnight with weakness in corn and wheat and strength in new crop soybeans. There is little fresh news other than weather, which is looking more favorable going forward. The Northern Plains forecast has turned from temperatures much below-normal to now looking to much above-normal. That is what is needed. Weekly export inspections were all slightly better than expected. Weather across the rest of the world is still generally good.U.S. financia...
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.