SPREADS August crush trades to 88c/bu while oilshare prices are 47.83%. August /Nov bean inverse remains supported trading from 70c to 76 3/4c, while Sep/Nov trades from 11 1/2c inverse to 13 3/4c. Sep/Dec corn inverse continues to congest from 9 1/2c to 10 1/4c, while Dec/March trades at a fairly consistent 7 1/2c to 7 3/4c carry. Sep/Dec wheat trades from 8c to 8 1/4c, after trading out to a 9c carry. Dec wheat/corn trades from 1.01c to 1.06 3/4c. PALM OIL Sep. up 136 ringgits climbing more than 3% to a six-week high lifted by higher exports so far in July, while dry weather and a labor shortage was also net positive. NEWS Stocks are down 150 pts as worries continue over rising cases of the Delta v...
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.