GOOD MORNING, Prices are lower as a good amount of rain fell across portions of the Midwest recharging soil moisture. The June 30 Stocks/Acreage report will be released at 11:00 central time, with expectations that we are going to see large acreage numbers. Given the recent down-turn in price, one has to wonder how many of those acres are now factored into current prices? Pro Farmer estimated US corn acres close to 93.6 mln acres, 2-3 mln acres less than the highest guess, and estimated 2021 wheat spring acres near 11.3 mln. Overall demand for US beans and corn remains quiet, though it was confirmed by two traders that China purchased 8 cargoes of US beans on the break. Over the weekend, Egypt tendered...
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.