General Comments Sunday afternoon's weather models stuck with the "heat dome" forecast, which gave us sharply higher trade through much of the night. Corn, soybean and wheat futures all had double-digit gains until early Monday morning forecasts hinted at a better chance of scattered rains following several days of very hot weather. There seems to be little dispute that it is going to get very hot very early in the growing season. The big question is how long will the heat last? Weekend rains across the Northern Plains and Corn Belt were also deemed disappointing by many. This hot and mostly dry U.S. weather pattern coupled with little or no relief for adverse weather conditions in many other parts of the world continue to sponsor this...
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.