Jul 26 Corn closed at $4.44/bushel, down $0.0275 from yesterday's close. Jul 26 Wheat closed at $6.0875/bushel, down $0.0175 from yesterday's close. Jul 26 Soybeans closed at $11.8075/bushel, down $0.06 from yesterday's close. Jul 26 Soymeal closed at $326.5/short ton, down $3.3 from yesterday's close. Jul 26 Soyoil closed at 79.09 cents/lb up 1.37 cents from yesterday's close. Aug 26 Live Cattle closed at $240.6/cwt up $1.55 from yesterday's close. Aug 26 Feeder Cattle closed at $351.55/cwt up $3.125 from yesterday's close. Jul 26 Lean Hogs closed at $99.85/cwt up $0.35 from yesterday's close. Jul 26 WTI Crude Oil closed at $92.42/barrel up $5.06 from yesterday's close. ...
What You Need to Know Today: U.S. Treasury Secretary Bessent said Friday that the U.S. has seized $1b of Iranian crypto assets. Iran’s IGGC says 15 merchant vessels, including 4 oil tankers, have passed through the Strait of Hormuz in the past 24 hours. Managed money traders...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
Key Takeaways: Acidity: Brazil’s agricultural production rose significantly after agricultural researchers were able to reduce soil acidity in the Cerrado region. Rotation: Farmers in the Center-West of Brazil, where the Cerrado is located, enjoy a soybean/corn double cropping advantage...
From the monthly cold storage report it is interesting to look at the poultry numbers and changes due to HPAI that has been plaguing the sector to some degree since 2022. Total chicken in cold storage was up 1.1 percent on the year and up 0.9 percent on the month. For eggs, the total inve...
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.