The January WASDE and Grains Stocks reports are now past, but their impacts continued to drive CBOT price action to start the holiday-shortened week. Corn and wheat saw significant pressure from the WASDE’s bearish implications while soybeans saw two-sided trade under the bullish influences of soymeal and bearish pressure from soyoil. Cattle futures were the upside leaders for the day, thanks to rising beef and physical cattle values, while the hog market pulled back from technical resistance. Funds were net sellers in the grains and oilseeds complex (except for soymeal) to start the week, with technical and fundamental conditions justifying this outlook. With the WASDE in the rearview mirror, the question now is “how low...
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.