Wheat: Net sales of 868,600 metric tons for 2019/2020--a marketing-year high--were up 73 percent from the previous week and 95 percent from the prior 4-week average. Corn: Net sales of 1,709,400 metric tons for 2019/2020--a marketing-year high--were up 96 percent from the previous week and up noticeably from the prior 4-week average. Soybeans: Net sales of 1,430,600 MT for 2019/2020 were up 36 percent from the previous week and 18 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 83,500 MT for 2019/2020--a marketing-year low--were down 65 percent from the previous week and 53 percent from the prior 4-week average. Soybean Oil: Net sales of 28,000...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.