Monday evening’s crop conditions supported CBOT trade on Tuesday, and the market opened higher overnight and added gains from there. Wheat was an early leader but pared gains by the closing bell while corn and soybeans held their gains, albeit while trading inside days on their charts. The index fund roll finished its second day Tuesday, and the bearish effects were far less pronounced than on Monday. Managed money funds were modest net buyers in corn, soybeans, and wheat with the dry U.S. and Brazilian weather forecasts offering fundamental justification. Overall, however, trading action was somewhat muted as the market looks forward to Thursday’s WASDE report. Analysts’ expectations for the June WASDE call for con...
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.