The CBOT was mostly higher on Wednesday due to the bullish influences of wheat and corn. The two grains saw support from Black Sea and South American weather impacts, respectively, with production outlooks for both regions falling. That put futures in a bullish mood with funds expanding net longs in corn and continuing to rapidly cover shorts in wheat as the market looks to have reached near-term bottoms. The rally in corn and wheat pulled soybeans and soymeal higher as well, though there was little fresh news for the soy complex specifically. This is the time of year when weather and exports dominate market activity, so clients should expect extra volatility as weather models update their outlooks. Canada’s canola market is fac...
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.