World financial markets were getting decimated again when markets opened Sunday, and it was another day of risk off and "get me out" selling. However, that selling pattern across the grains/oilseeds markets started to change when today's session opened. General Comments World financial markets were getting decimated again when markets opened Sunday. The Shanghai Composite Index lost 8½ percent, and most other world indexes were down 4-5 percent. The U.S. dollar was down nearly 1.5 percent, while crude oil was trading below $39/barrel. Nothing else mattered to the grain and oilseed markets. It was another day of risk off and "get me out" selling. Soybean futures were hit the hardest because that is the market most directly tied to China, a...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.