SPREADS July crush trades at 85.55c/bu while oilshare weakens to 32.15%. July/Nov beans trades from 7 1/2c out to 8 1/4c. July/Sep corn trades into 4 1/4c from 4 3/4c, while July/Dec trades back out to 14c from 12 3/4c. July wheat/corn trades from 1.78 1/4c up to 1.83c. July/Dec meal trades from $7.40 out to $7.90. PALM OIL August was down 21 ringgits, or 1% after hitting a near 1-month high Tues, trading down to 2,159 ringgits. The drop in price was noted as long liquidation in front of the long public holiday with the Malaysian Bourse closed May 25-26. Pullbacks should see support as Indian buyers resumed purchases of palm oil after a 4-month gap. NEWS Stocks are up 290 pts with c...
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.