The Market For the week, July soybeans rose 20 cents (1.6 percent) to 1248/bushel. The November soybean contract added 16.25 cents. U.S. soybean futures were buoyed by problems in Brazil where rains and flooding has damaged oilseed infrastructure, and reduced soybean quality. There were also rumors that China has purchased 2-6 cargoes of soybeans off the West Coast. The crush margin at $1.81 is attractive and July soymeal gained $17.70 (4.8 percent) this week to end at 386.5/ST. Soymeal is key support for the complex and the funds are perhaps net long over 100,000 contracts, the largest long since late 2023. However, they will get spanked once Argentina gets going. July soyoil lost 0.32 cents (-0.7 percent) to close out the week at 45.27/p...
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...