The impacts and implications of the EPA’s newest renewable fuel obligations continue to ripple through the CBOT markets. Soyoil futures sold off sharply again on Friday while the soybean market managed to squeeze out a small gain for the day. While the EPA mandates were essentially neutral corn (in this analyst’s opinion), corn futures broke lower and sank below technical support due to fund selling, weak basis and, of course, the dismal export pace. To some extent, wheat futures followed other markets lower for the day, though persistently weakening chart and technical conditions aren’t inspiring much confidence in a wheat market rally. Funds were net sellers for the day but were slight net buyers in soymeal, one of the f...
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.