Soybean futures responded to the sharp gains in crude and financial markets, trading 8-9 higher at mid-morning before weakening towards noon. Meanwhile, corn bounced with the soy complex. General Comments Markets opened Sunday evening little changed from last Friday’s closes, but crude oil rallied as the session wore on as did Asian and EU financial markets. This action pushed soybean and corn futures higher with wheat struggling, which is how markets opened and traded this morning. Soybeans pushed as much as 9 higher with corn up 3-4, while wheat couldn’t trade higher in Chicago or KC with Minneapolis up fractionally. Markets backed off around mid-morning with softness in soybeans dragging corn and wheat off their respective highs.Crude...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
As WPI reported on 17 July, the recently passed budget reconciliation bill in the House Budget Committee includes $12 billion in emergency farm assistance. This would be the seventh of the past nine years with ad hoc farm payments (FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, and potentially...
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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.