SPREADS July crush trades to 80.92c/bu while oilshare trades to 31.23%. July/Dec corn trades from 15 1/2c out to 16 1/4. July/Dec wheat trades from 10 1/34c out to 11 3/4c. July/Nov beans trades into 2 3/4c from 6c while July/Dec meal trades into $4.30 from $5.60. PALM OIL Holiday NEWS Stocks are off 280 pts as more questions return about the process recovery, and more economic numbers will be released this week. Crude oil trades down to $23.67/barrel and the US dollar firms to 100.11. CALLS Calls today are as follows: beans: 5-7 higher meal: 2.20-2.50 higher soyoil: 8-10 higher corn: 2 higher wheat: 1/2-1 higher canola: 1.40-1.60 higher TECHNICALS July...
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.