Corn and soybean markets traded a bit better overnight with wheat markets again lower. China’s “low-level” trade delegation went home with no evidence that any progress had been made in the trade talks. The Trump administration still says it is days (maybe hours) from announcing a trade deal with Mexico, but nothing more was said on that today either. The Pro Farmer corn and soybean tour ended yesterday. Despite a few pockets of smaller-than-expected yields (Minnesota in particular), there was no evidence that USDA’s August numbers were too big. Wheat remains weak on the poor U.S. export sales performance and some rain in the forecast for eastern Australia. Soybean, corn and wheat markets had a terrible week for th...
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: President Trump suspended the planned attacks on Iran and announced that the pieces for a framework for peace were in place in a weekend social media post. Iran, however, later said no efforts were underway to conduct negotiations with the U.S., though Oman indicat...
Key Takeaways: E15 expansion would support corn and ethanol demand by increasing domestic biofuel consumption and reducing reliance on petroleum-based fuels. Year-round E15 has gained bipartisan momentum, but the policy remains in legislative limbo as lawmakers continue to negotiate provisions...