SPREADS August crush trades to 84c/bu while oilshare trades to 43.62%. Jul/Nov bean inverse trades from 1.04 1/2c down to 75 3/4c. Sep/Dec meal trades from $3.20 carry out to $5.00. July /Dec corn trades from 1.03 1/4c down to 94 1/2c, while Sep/Dec trades from 17c down to 14 1/4c inverse. Dec/March wheat trades from 5 1/2c carry to 6 3/4c. Dec wheat/corn trades from 1.21c down to 1.14c. PALM OIL Sep. palm oil futures closed up 38 ringgits at 3,415 ringgit/mt. NEWS Stocks are down 130 pts with the US dollar firmer trading to 92.07 while crude oil trades to a low of $70.33/barrel. CALLS Calls are as follows: beans: 50-55 higher meal: 6.40-7.20 higher...
What You Need to Know Today: The U.S. and Iran reportedly agreed to pause hostilities to allow vessels to transit the Strait of Hormuz this week (theoretically, at least). There were some rumors of a possible Chinese blockade against Taiwan. Analysts are looking for the largest U.S. 1 June cor...
Proposition 12: The National Pork Producers Council (NPPC) has advocated for a fix to Proposition 12, the California animal welfare law, in the Senate farm bill. The House version of the farm bill included a fix, but the Senate bill, based on the discussion draft released by Chairman John Boozm...
Key Takeaways: Indonesia will raise its biodiesel mandate from B40 to B50 on 1 July, increasing palm oil–based diesel blending to 50 percent. The policy supports domestic palm oil demand and reduces reliance on imported diesel. Indonesia’s biodiesel program has steadily expanded si...
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.