The CBOT turned higher heading into the weekend with soybeans and soymeal posting big rallies near mid-day. Soybeans and soymeal pushed above technical resistance and uncovered a wealth of buy-stops that carried the markets higher into the close. Market chatter suggests index funds started their rebalancing effort today, which was responsible for much of the buying in the soy complex. Corn followed to the upside but lacked the enthusiasm of soybeans while wheat futures seemed to forge a low overnight and traded steadily higher through the day. Next week’s trade will be all about positioning for the January WASDE report, which is expected to be neutral/slightly bullish based on South American crop prospects. Brazil’s CONAB...
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.