SPREADS Dec crush trades close to contract lows at 74c/bu while oilshare is a steady 32.55%. Corn spreads are weaker today as harvest resumes, with Dec/March trading out to 10 1/4c from 9 1/2c. Dec 19/Dec 20 corn trades back out to 13 1/2c from 10 1/2. Nov/Jan beans weaken out to 14 1/2c from 14 1/4c, while Jan/March trades from 10c to 10 1/2. Dec /March wheat trades from 4 1/2c to 6 1/2c. PALM OIL Dec up 9 ringgits with cash offers unchanged at $527.50/mt. SGS estimated palm oil exports for FH Oct. at 659,437 mt, off 5.9% from their Sep 1-15 estimates. NEWS The Dow is up 75 pts. with crude oil values trading down to $52.39/barrel, and the US dollar higher at 98.58. CALLS Calls today are as f...
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.