Wheat: Net sales of 238,600 metric tons for 2019/2020 were down 34 percent from the previous week and 37 percent from the prior 4-week average. Corn: Net sales of 581,600 metric tons for 2019/2020 were up 19 percent from the previous week and 23 percent from the prior 4-week average. Soybeans: Net sales of 1,253,000 metric tons for 2019/2020 were down 31 percent from the previous week, but up 5 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 345,300 MT for 2019/2020, primarily for the Philippines (137,900 MT), Colombia (64,100 MT, including 14,500 MT switched from unknown destinations and decreases of 700 MT), Japan (30,900 MT, including decreases of 100 MT), El S...
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.