Dec 24 Corn closed at $4.145/bushel, up $0.0375 from yesterday's close. Dec 24 Wheat closed at $5.68/bushel, down $0.025 from yesterday's close. Jan 25 Soybeans closed at $9.9375/bushel, down $0.0075 from yesterday's close. Dec 24 Soymeal closed at $295.3/short ton, down $4.2 from yesterday's close. Dec 24 Soyoil closed at 46.3 cents/lb up 1.16 cents from yesterday's close. Dec 24 Live Cattle closed at $185.925/cwt down $0.375 from yesterday's close. Jan 25 Feeder Cattle closed at $243.2/cwt up $1.875 from yesterday's close. Dec 24 Lean Hogs closed at $84.075/cwt up $0.275 from yesterday's close. Dec 24 WTI Crude Oil closed at $69.55/barrel up $0.29 from yesterday's close. ...
What You Need to Know Today: Agricultural commodities were mostly lower on the day, with red-hot soyoil a notable exception. Export sales were a bit underwhelming, particularly for corn with export sales down 52 percent week-over-week. The weakness in ag markets tracked crude oil weakness wit...
With the war in Iran affecting fuel and fertilizer prices, higher tariffs, weak commodity prices, ag labor constraints, and other factors, farm bankruptcies are now at a 6-year high, a signal of growing stress. During the month of April, 62 Chapter 12 bankruptcies were filed, which is a 1...
Food Inflation The Open Markets Institute, which is notably funded by several “anonymous” donors and liberal foundations, obtained a guest editorial in the New York Times in which they blame agribusiness concentration for higher grocery prices. This is their schtick and it is politi...
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.