SPREADS September KC/Chicago spreads moved to new contract lows yesterday. KC wheat/corn spreads moved back to levels conducive to putting HRW back into feed. October crush firms to 1.07c/bu while oilshare firms to new highs at 33 percent. Dec/March corn trades from 10c to 10 1/4c while Dec 19/20 trades from a 3c to 5 1/2c inverse. Sep/Dec meal trades from $5.10 to $5.30. Dec wheat/corn trades from 84 3/4c to 80c. PALM OIL Closed up 41 ringgits for October. NEWS Stocks are lower this morning off 80 pts with crude oil firmer at $53.75/barrel and the US dollar weaker at 97.49. US June PPI final demand was left unchanged at +0.1 percent. CALLS Calls are higher across the board...
What You Need to Know Today: The U.S. and Iran exchanged strikes, with the U.S. hitting Iranian bridges, energy sites, and military infrastructure. Iran launched a missile into Kuwait that damaged a desalination plant. Crude oil futures surged on heightened Middle East tensions, providing supp...
Congress returned this week from its Fourth of July recess, with another break scheduled for the month of August, to face a busy agenda before adjourning for the August recess. Congress has several priorities, including the National Defense Authorization Act, a potential third reconciliation pa...
There was a time, not so long ago, when you could easily explain U.S. agricultural policy. It was countercyclical and focused on risk management, especially for traditional row crops. There were a few exceptions, like dairy and sugar, which maintained the remnants of supply control. Participati...
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.