The Market Now this is volatility. January soybeans hit a two-month high on Wednesday, and on Thursday, January soyoil closed limit down. It has been a long time since there has been a limit down on soyoil but the announcement by U.S. EPA on blending requirements for advanced biofuel during 2023-2025 was a real Debbie Downer. Soyoil continued the bleeding during today’s trading. The oilseed industry characterized EPA’s blend targets for advanced biofuel as “insignificant increases.” While the increase for 2023 is modest, the 2024 obligation is increased by 13.7 percent and the 2025 jump in required volume obligation is 12.2 percent. But, for the oilseed gods, the devil is in the details. As calculated by WPI&...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...