The CBOT started the day weaker, but end-users stepped up in the corn market and created enough strength to force a higher close. As such, the corn market looks like it may have formed near-term lows and the odds of sideways trade are increasing. Soybeans attempted to follow the corn market higher but weaker soyoil and soymeal values eroded crush margins and forced the market lower. Wheat futures sagged once again with little bullish news to support the market. Funds were on both sides of the corn market Wednesday and are thought to have been net sellers of some 10,000 contracts. Funds sold 11,000 contracts of wheat and around 5,000 contracts of soybeans. Funds were net sellers of both soyoil and soymeal, selling 4,000-5,000 contract...
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.