The CBOT tried to recover from Thursday’s blistering selling that was primarily motivated by disappointing export sales and aggressive “risk off” trade. Overnight volume was paltry heading into Friday morning but the soy complex tried to stage a rally. Friday’s trade was a bit lackluster but the major commodities all posted gains for the day, largely due to shorts taking profits and position exiting before the weekend. Bullish fundamental news hard to find right now, especially with a mostly favorable weather forecast for the U.S. Midwest and thus an unimpeded harvest over the next few weeks. Consequently, funds have turned into net sellers and that, combined with looming harvest pressure in the cash markets, could k...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
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.