Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 from yesterday's close. Dec 24 Soyoil closed at 44.44 cents/lb down 0.74 cents from yesterday's close. Dec 24 Live Cattle closed at $182.95/cwt down $1.075 from yesterday's close. Jan 25 Feeder Cattle closed at $243.2/cwt down $0.45 from yesterday's close. Dec 24 Lean Hogs closed at $80.1/cwt down $1.775 from yesterday's close. Dec 24 WTI Crude Oil closed at $68.59/barrel up $0.16 from yesterday's close. ...
What You Need to Know Today: Chinese officials indicated that China and the U.S. have agreed to cut 10 percent tariffs on imports. Chinese officials confirmed that a “guiding target” has been set for purchases of U.S. agricultural goods, but fell short of confirming that the U.S. r...
Key Takeaways: Soyoil futures have been trading at the highest levels since 2022. Higher crude oil prices have allowed biofuels to be more cost-competitive with fossil fuels. Recent U.S. biofuel policy, including 45Z, has been favorable toward soyoil as a feedstock. California will be limiting...
Free Trade to State Direction Conceptually, American farmers are huge winners under a free trade policy promising fair and equitable terms. As critics of President Trump’s trade wars will be quick to point out, “U.S. farmers have been some of the biggest beneficiaries of U.S...
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.