The CBOT was mixed to start the week with traders waiting to see what USDA’s Crop Conditions report would show. Row crops featured two-sided trade after weekend rains brought some relief to many parts of the Midwest but skipped most of Illinois and Missouri. The forecast is gradually shifting to feature wetter weather for the Midwest, but there is great skepticism about this until the rains materialize. Funds were slight net buyers for the day and most of that activity was concentrated in the soy complex, but corn and KCBT wheat also moved higher on fund buying. The market now faces a significant challenge; how to balance terrible crop conditions ratings and the current drought against forecasts of improving conditions. While traders...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
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.