THE OPEN March beans: 8 higher March meal: .80 higher March soyoil: 41 higher March corn: 4 higher March wheat: 8 3/4 higher Prices opened as expected with further gains on the back of fund buying activity. Chatter about further wheat buying from China and new contract highs in corn fueled the market upward. A good inspections report and confirmed delays for Brazilian harvest keep beans slanted to the upside, as more fund buying kicks in pre-Feb. WASDE. At 10:00 export inspections were released as follows: beans: 1,800,682 mt vs. 1,906,432 mt week ago corn: 1,576,663 mt vs. 1,116,097 mt week ago wheat: 441.076 mt vs. 414,348 mt week ago Corn inspections were good, fuelin...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.