Note: the CBOT will close early at 13:05 ET on Thursday, 2 July and re-open the evening of Sunday, 5 July. The CBOT continued to rally Wednesday with funds aggressively covering their massive short position in corn while extending length in soybeans. Trading volumes were heavy – but not to yesterday’s eye-popping levels – as funds bought into aggressive commercial selling and hedge pressure. WPI sources note that grain origination posted its most active day of the year so far with massive farm sales of old crop grain. Farmers were waiting for $3.45-3.55/bushel corn and, having obtained that price target, stuck to marketing plans and liquidated stocks. Some private estimates suggest the fund short position in corn h...
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.