The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as the rally puts more and more positions underwater. What remains a mystery is how much long-side buying interest there is in wheat futures. Typically, fund managers love to be long wheat, especially in inflationary or “commodity boom” cycles, but the extremely volatile and unpredictable nature of Black Sea tensions may be causing risk managers to limit exposure. Corn futures rose sharply on Tuesday and posted fresh rally highs before slipp...
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.