SPREADS Dec crush trades to 86c/bu while oilshare trades at 45.44%. Dec/March corn trades from 7 1/2c to 7 3/4c, while Dec 21/Dec 22 trades from 26c inverses to 24 1/4c. Dec/March wheat trades from 10 1/2c carry to 11c. Dec wheat/corn trades from 1.99 1/2c down to 1.84c. Nov/Jan bean spread trades from 8 1/4c to 8 3/4c carry. Nov21/Nov 22 bean spread trades from 36 1/2c to 33c. PALM OIL Nov. down 73 ringgits at 4,367/mt. NEWS Stocks are 30 pts lower with crude oil trading to $72.72/barrel due to the slow recovery in the Gulf. The US dollar trades down to 92.76. CALLS Calls are as follows: beans: 6-9 lower meal: 1.80-2.20 lower soyoil: 35-45 lower corn: ...
What You Need to Know Today: The latest EIA Short-Term Energy Outlook forecast 2027 U.S. WTI crude oil at $65.39/brl, up about $5 from the prior forecast. President Trump late Monday claimed the U.S. has swept the entire Strait of Hormuz (SOH) for sea mines. Iran’s security council said...
Key Takeaways: Soymeal with 44 percent protein generally contains more soybean hulls and fiber, while 48 percent soymeal is more extensively dehulled, resulting in higher protein concentration and lower fiber. CBOT soymeal futures were lowered from a 48 percent to 47.5 percent protein specific...
The trade deficit contracted slightly to $73.3 billion in June, a break from the volatility that has underscored international trade over the past year. Despite the small change, there was plenty of activity behind the scenes: imports fell $7.3 billion, led by crude oil, reflecting cheaper crud...
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.