SPREADS Oct. crush trades to 94.25c/bu while oilshare trades to 34.43%. Corn spreads are firmer with SEp/Dec narrowing into 13 3/4c from 14 1/2c, and values that were as wide as 15c. Dec/March trades into 12 1/4c from 13c. Dec/Dec corn trades into 32 3/4c from 34 1/2c. Sep/Dec wheat trades into 8 1/2c from 9c, while Dec wheat/corn trades from 1.90c to 1.92c. Sep/Dec meal trades from $6.70 to $7.30. PALM OIL Oct. down 59 ringgits. Palm oil fell in early trade following weaker soyoil prices and an unexpected fall in Malaysia's palm oil exports for the final 10 days of August, an analyst stated. Palm oil prices could recoup losses of month on month production eases and Indonesia increases its...
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.