THE OPEN March beans: 2 1/2 lower March meal: .20 higher March soyoil: 29 lower March corn: 3/4 higher March wheat: 4 1/2 higher The markets opened as called with grains continuing to trade higher against a weaker soy complex. The signing of the Phase One deal started on time with stocks rallying into the event, but beans were pretty much unimpressed. Wheat prices again were the focus with technical buying activity continuing, adding spillover support to corn. Traders were back to selling soyoil / buying meal on the back of weaker energies. The NOPA report contained a large bearish surprise for soyoil, where stocks were much higher than expected, further breaking down the market as bulls...
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.