SPREADS October crush trades to 91.38c/bu, while oilshare trades to 34.86%. Corn spreads are firmer with Dec/Dec moving into 28 1/4c from 30c, and vs. values that were as wide as 40c. Sep/Dec corn trades into 13 1/4c from 14c. Sep/Dec wheat trades from 7c to 7 1/2c carry. Sep/Nov beans trades from 5 3/4c out to 6 3/4c, while Nov/Jan trades from 7c to 7 1/2c. Dec wheat/corn trades from 1.81c down to 1.77 1/2. PALM OIL Nov. crude oil palm oil down 48 ringgits lower dragged down by a weak partial August exports data and a stronger ringgit. Malaysian palm oil exports for Aug. 1-25 were seen down between 14% and 16%, according to AmSpec Agri Malaysia and cargo surveyor Intertek. NEWS Out...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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.