Trading started out on a firmer note before bulls backed off and let prices drift lower into the close. The trade is cautious of being too bullish about the October WASDE, having projected bullish statistics for almost every report this summer, only to have USDA release big crop/big stocks numbers. There is certainly room for yields to fall due to the ongoing early snowstorm, but that damage won’t be known until well after the October WASDE and USDA will not incorporate it into tomorrow’s projections. The weather remains broadly supportive with the U.S. snowstorm likely to cause significant lodging amid other problems. Conversely, Brazil and Argentina remain too dry, though yield potential reductions won’t be known...
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.