World Perspectives
wheat

Weather and Wheat

Wheat prices are now back to the level that the world’s buyers should seriously consider adding to their volume of inventories and long-term coverage. However, there are the beginnings of a few weather issues that could start to put a bottom in the wheat markets.Wheat futures prices have slumped again and lost 45 cents a bushel ($16.50/MT) since their last high was achieved on 7 October. The Chicago December contract established its low point at $4.63 on 4 September. We are now back to within 20 cents a bushel to the lows set in late June 2010. The price collapse ended very quickly when the late season drought in Russia forced the country to suspend wheat exports. That boosted Chicago wheat futures prices from $4.55 to $8.41 a bushel in les...

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Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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.

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