GOOD MORNING, Prices are mostly lower this morning as the soy complex sells off due to weaker soyoil prices, and profit-taking in oilshare. Wheat is lower as Russia's IKAR increased 2021 wheat production to 81.0 mmt, vs. 79.8 mmt prev. Beans are lower reacting to larger Brazilian bean production as noted in the April WASDE, while dryness in Brazil keep's the Safrinha corn crop in more peril. Corn consolidates pulled down by weaker values elsewhere. The mini-trend established after the April report continues in the PM session, with corn firmer over beans, and beans weaker due to lower soyoil values. Egypt announced a tender for 30,000 mt of soyoil to close on April 15. The USDA report was pretty mu...
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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.