Overnight trading volumes were not impressive, and this pattern continued during the day session. Noncommercial support sent soybean futures prices up 12 cents at session highs before they fell back to close 7.75-8.75 cents higher. General Comments Financial markets were shaken by this morning’s horrific terrorist attacks in Brussels where dozens were killed and many more injured. As usually happens in such circumstances, there was a flow of money into so-called safe investments such as gold and the U.S. dollar. COMEX gold was up more than $16 at one point before retreating thereafter to finish up only about $4. The U.S. Dollar Index was up about 37 points. U.S. stocks were little changed.Overnight grain and soy trade saw prices trade hig...
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.