THE OPEN November beans: 5 3/4 higher December meal: 1.50 higher December soyoil; 19 higher December corn: 1 1/2 higher December wheat: 1 1/2 higher The markets opened as called with higher trade as more buyers entered the bean market on the back of more business and further net positive comments about trade negotiations continuing. Weather remains a mixed bag for both corn and beans. Feet will be on the ground next week, with the Pro Farmer tour moving through the Corn Belt to see what is going on inside the crops, which may be a very different story than the satellite imagery version. Whether it is or isn't, the idea that it could feature a different slant than the one in the August W...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
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...
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.