THE OPEN March beans: 7 lower March meal: .10 lower March soyoil: 42 lower March corn: 2 3/4 lower March wheat: 2 1/2 higher The markets opened as called with buy wheat/sell bean and corn trade surfacing. March wheat extended gains to new highs for the move up, while beans broke trading range lows along with soyoil. At 10:00, export inspections were released as follows: Beans: 1,199,135 mt vs. 1,149,404 mt week ago Corn: 345,859 mt vs. 483,559 mt week ago Wheat: 435,129 mt vs. 560,976 mt week ago Bean inspections had roughly 551,000 mt allocated for export to China, according to the USDA. Grain inspections were on the lower side of expectations, with corn exports heading...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.