THE OPEN January beans: 3 lower December meal: 3.80 lower December soyoil: 46 higher December corn: 3 1/2 lower December wheat: 10 1/2 lower Prices opened mixed with soyoil correcting further against meal, while a few sell-stops were triggered on the open which took prices into pricing ideas. Wheat prices found sell-stops on better rainfall in the plains and the Black Sea, with some technical points violated. Export inspections were released at 10:00 as follows: Beans: 2,664,352 mt vs. 2,317,798 mt week ago Corn: 636,290 mt vs. 911,648 mt week ago Wheat: 363,806 mt vs. 241,283 mt week ago Export inspections were good for beans, with 2.02 mmt inspected for exp...
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.