The Market This was the third week in a row for March soybeans taking a loss and prices are down at six-month lows. Ample rains in central Brazil are bringing help to pod setting at the same time the strong dollar makes U.S. beans more expensive. For the week, the March soybean contract lost 41.75 cents (-3.2 percent) and is now valued at 1256.25/bushel, March soymeal lost $15.10 (-4.3 percent) and is worth 369.4/ST – a two month low, and March soyoil gave up 0.53₵ (-1.1 percent) and ends the week valued at 47.63/pound. Soybean prices are now toying with major support at 1250 but if new demand is sparked, it could push back up toward 1282-1285/bushel. Canola and palm oil are sinking along with competing vegetable oils. ...
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.