The CBOT opened with wheat leading the way higher, soybeans firming with support from soyoil and short covering in soymeal while corn established itself as the sell-side of spreads. Wheat futures rallied on concerns that Russian production may fall as well as short-covering and long hedges being placed. The U.S. weather outlook features heavy rain for the U.S. Plains, Delta, and Southeast this week with some precipitation extending northward into the Ohio Valley. Precipitation across the Corn Belt and northern Plains will be modest and should be favorable for crop development. Temperatures are warm and continue to offer a favorable outlook for the 2020 U.S. crop. Outside markets were higher on Wednesday with U.S. equities rallying,...
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.