The CBOT showed the volatility often characteristic of days when the Grain Stocks report is released. The report was bullish corn and wheat and bearish soybeans, and the futures market’s reaction reflected the surprises. Soybeans dropped sharply lower for the day in a massively bearish move while wheat continued its uptrend and KCBT wheat traded above $10.00. Funds were net buyers in corn and wheat and were aggressive liquidators of any remaining soybean longs. For the first time this week, macroeconomic markets took a backseat to grain market fundamentals and supply/demand assessments will likely be increasingly important heading into the October WASDE. The September Grain Stocks report feature plenty of surprises as corn and...
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.