General Comments The world's financial markets were miserable overnight and today with sharp losses posted everywhere. The French election coupled with the resignation of the Dutch cabinet left more doubts about the EU's ability to handle the eurozone debt problems. Then news broke that Wal-Mart is being investigated for bribery in Mexico, and that stock was down 5-6 percent. There was also poor economic news from China. Crude oil was sharply lower the first half of the session but slowly recovered some of the losses as the day wore on. The dollar was 0.2-0.3 percent higher.Stats Canada will release its planting estimates tomorrow morning. The market is expecting to see canola acres exceed 20 million for the first time ever. Total plan...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.