Weather risk isn’t over yet, and the grains markets traded accordingly. Elsewhere, cattle and hog futures followed divergent paths as their fundamentals show different opportunities. General Comments The overnight session featured higher prices across the board as the aggressive selling of the past few days gave way to expectations of hot weather across the Midwest this week. Corn finished the overnight session up 5 cents, while soybeans and SRW wheat were up 6.5 and 4.75 cents, respectively. Soymeal and soyoil managed modest gains as well.Two days of very aggressive selling left the grain and oilseed markets to correct higher today. The bears certainly won big Wednesday and Thursday, and now the market needs to pause and reassess current...
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.