Grain and soy complex futures were weaker overnight as profit taking in corn and wheat pushed those markets lower. Soybeans were sold in sympathy with the grains, although soyoil posted modest gains on long soyoil/short soymeal spread trade. Agricultural and equity markets received a boost this morning from a morning tweet from President Trump that indicated U.S.-Chinese trade relations had taken a turn for the better. The tweet noted that he and Chinese President Xi Jingping had “a very good telephone conversation” and would meet at the G20 summit in Japan later this month. U.S. equities were encouraged by the news, and the Dow quickly moved 300 points higher. This sparked some short covering in soybeans, and corn futures boun...
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.