Dec 24 Corn closed at $3.935/bushel, down $0.0475 from yesterday's close. Dec 24 Wheat closed at $5.355/bushel, down $0.085 from yesterday's close. Nov 24 Soybeans closed at $9.615/bushel, down $0.2 from yesterday's close. Dec 24 Soymeal closed at $304.1/short ton, down $4.6 from yesterday's close. Dec 24 Soyoil closed at 38.98 cents/lb down 0.6 cents from yesterday's close. Oct 24 Live Cattle closed at $175.9/cwt up $1.275 from yesterday's close. Sep 24 Feeder Cattle closed at $238.2/cwt up $2.525 from yesterday's close. Oct 24 Lean Hogs closed at $79.625/cwt up $3.475 from yesterday's close. Oct 24 WTI Crude Oil closed at $73/barrel up $1.07 from yesterday's close. ...
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...
Argentina Export Tax Reform The Argentine government announced a new long-term schedule for reducing export taxes ("retenciones"), one of the main policy tools affecting agricultural profitability and farmer selling decisions. Export taxes are applied directly to export values and have historic...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.