KC and Chicago wheat futures traded steady to slightly higher much of the session with Mpls under slight pressure. Today was also first notice day for deliveries against the March contracts. General Comments Happy Leap Year Day! Markets felt like they should only happen once every four years today as they were stunningly peaceful. Crude oil was up nearly $1 a barrel all day, but that didn’t prompt any month-end excitement in any market. U.S. financial markets held on to .1-.2 percent gains until they tuned lower after the noon hour and weakened further into the close. Corn and soybean futures were 2-3 lower most of the session with wheat markets steady. The U.S. dollar was just firm. Trading volume was ordinary.Today was first notice day...
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.