THE OPEN Nov beans: 17 lower Dec meal: 2.80 lower Dec soyoil: 108 pts lower Dec corn: 11 lower Dec wheat: 10 lower The markets opened into lower prices due to weight from outside markets, which included sharply lower stocks, weaker energies, and a firmer US dollar. Traders will be monitoring Fed comments this week to get a handle around tapering. Corn prices remained steadier vs. soy, as 1. there is more chatter about disappointing corn yields as we move further into harvest and 2. the bean markets affiliation with Chinese equities, which has in the past resulted in bean market weakness. The possible failure of China's Evergrande Group, a property developer with over $300 bl...
Since the first U.S. case of New World Screwworm (NWS) was confirmed on 3 June, USDA has confirmed 12 cases. The latest was confirmed in a sheep on 12 June, with four additional cases confirmed in Texas on 11 June, three in cattle and one in a goat. The New Mexico case confirmed that the infect...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt Grain Situation Recap: Wheat stocks in Egypt are at good levels, with only limited import interest. However, there is some concern over the supply of wheat from the Black Sea later in the year due to current weather problem...
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.