SPREADS Oct. crush trades to 92.80c/bu while oilshare declines to 34.88%. Corn spreads are slightly weaker with Dec/Dec trading from 33 1/4c out to 34 3/4c. Dec/March corn trades from 11c to 11 3/4c. Sep/Dec wheat trades from 1.72c up to 1.75c. Sep/Dec meal traded from $6.30 to $6.60. Sep/Nov beans trade from 2 1/2c to 3c. Nov/Jan beans trades from 4 3/4c to 5 1/4c. PALM OIL October down 28 ringgits, closing 2.5% lower on concerns over a plunge in August exports. July palm oil imports by India were 824,078 mt, up 1.4% from year ago. NEWS Stocks are down 80 pts, with crude oil at $41.77/barrel low, and the US dollar trading down to 93.15. US productivity rose at a 7.3% r...
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.