SPREADS August crush atrades to 79.80c/bu while oilshare trades to 43.60%. July/Nov bean inverse firms from its lows of 1.63 1/4c to trades up to 1.72 1/2c. Key resistance for July/NOv is 2.00c. July/Dec meal trades down to $4.80 inverse from $7.90. July/Dec corn trades to a high of 1.18 1/4c from 1.11 1/2c, with a solid close. Sep/Dec corn inverse trades up to 28c from 25 1/4c. July wheat/corn trades from 7 1/2c from 18 1/4c. PALM OIL July ends 104 ringgits lower at 3,887 ringgit/mt. Palm oil fell following a weaker CBOT price, and weaker demand due to covid 19 lockdowns in India. NEWS Stocks are 130 pts higher with the US dollar trading down to 89.86, and crude oil up to $64...
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.