Soybeans quickly moved into the green during overnight trading and extended those gains early this morning. November soybeans finished that session 9.75 cents higher, which lent modest support to corn (up 1.75 cents) and wheat (September SRW up 2.25) futures as well. The day session featured strong soybean buying on a combination of short covering and rumors of Chinese interest/purchases. While those rumors are not yet confirmed, they were sufficient to spark a CBOT soybean rally. Strength in soybeans spilled over into soymeal, soyoil, corn, and wheat futures. The weather remains unfavorable for the corn and soybean crops through the weekend with extreme heat across the Midwest and little rain. Fortunately, next week features more moderat...
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.