SPREADS Dec crush trades 1.03c/bu while oilshare is steady at 45.78%. Dec/March corn trades out to 8 1/4c from 7 3/4c while the Dec 21/22 inverse falls further to 15 1/2c from 19 1/4c. Dec/March wheat trades from 11 1/2c to 12 1/2c. Dec wheat/corn trades from 1.73 1/2c to 1.78c. Nov/Jan bean carry trades 9 3/4c to 10c. Nov 21/22 inverse trades from 26c to 28c. Sep/Dec meal trades from $4.30 to $4.60. PALM OIL Dec. down 4 ringgits to 4,451 ringgit/mt. NEWS Stocks are 150 pts higher as crude oil trades down to $73.74/barrel. The US dollar trades to 93.98. CALLS Calls are as follows: beans: 1-3 higher meal: .80-.90 higher soyoil: 10-15 higher c...
Beef packer margins improved to -$130/head last week, up $44 from the prior week as sharply lower fed cattle prices more than offset continued seasonal weakness in the Choice cutout. The cutout declined to $373/cwt while fed cattle prices fell to $238/cwt, allowing packer spreads to recover for...
What You Need to Know Today: The conflict between the U.S. and Iran continues to escalate with the two sides exchanging attacks over the weekend. President Trump said Iran “will pay” for recent attacks that claimed the lives of U.S. troops stationed in Jordan. There are some signs...
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.