World Perspectives
livestock

Agency Fixes

Timothy Massad is showing that he is a completely different chair of the Commodity Futures Trading Commission (CFTC) than his predecessor as he has announced a rework on position limits that won't hurt bonafide hedgers like agricultural and energy firms and is also taking note of how regulatory risk is pushing trades overseas. Objective Voice Needed Sales of lean, finely textured beef (LFTB) are reportedly rising along with the price of beef. Recall that LFTB was ridiculed out of production in 2012 by the harmful moniker of "pink slime." It is now three years after the debacle, and the food industry is still lacking a plan to counter harmful and erroneous information about its offerings. The product's manufacturer, Beef Products Inc., is...

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Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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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.

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