The Market The trade shook off earlier concerns about Brazilian flooding and instead focused this week on the good start to the U.S. soybean crop, and Argentinian beans and coproducts ready to hit the market. The result was July soybeans fell 3.4 percent to 1205/bushel, and November soybeans dropped 2.8 percent to 1184.5/bushel. Soymeal had been carrying the complex but this week it was soyoil that came out on top. July soymeal lost 5.6 percent to end at 364.7/bushel. July soyoil managed a 0.57 percent gain on the week and is now valued at 45.52/pound. Not bad since it hit a new contract low just three weeks ago. Malaysian August palm oil futures rose 45 ringgits on Friday and logged a weekly gain due to larger exports. However, July cano...
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...