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Market Commentary

Markets closed slightly higher in the Thursday night session on very light volume. They then opened firmer this morning with soybeans quickly jumping to gains of a dime or so. The U.S. government remains in a partial shutdown. To put that in perspective, 75 percent of it is funded and operational. Unfortunately, the USDA reports are considered nonessential, which means none (or only a few) will be released. No daily export sales announcements will be made, and the website is “dead” until a funding deal is reached. As a result, the markets are somewhat in the dark and searching for any clues that China has been active in the U.S. market. They are left to look at South American weather and the crazy world of U.S. equity markets...

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Summary of Futures

Mar 19 Corn closed at $3.8175/bushel, up $0.0175 from yesterday's close.  Mar 19 Wheat closed at $5.1775/bushel, up $0 from yesterday's close.  Mar 19 Soybeans closed at $9.1675/bushel, up $0.09 from yesterday's close.  Mar 19 Soymeal closed at $315.1/short ton, up $2.9 from yest...

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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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