GOOD MORNING, It's the start of a new month with new money flows. The commitment-of-trader's report will be released today due to the holiday. The funds spent Friday purchasing more grains and selling more beans. USDA weekly export sales were released on Friday and were good across the board. China was a buyer of 569 tmt of beans. Bean sales totaled 1.664 mmt, above the expected, and accumulated exports to date stand at 14.490 mmt vs. 11.734 mmt year ago. US bean shipments that had been backing up in Chinese ports due to pre-payment of tariffs before they were rebated by the gov. have reportedly been cleared up. Products continue a consolidation phase at trading range lows, with meal losing to side...
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.