SPREADS November crush trades to 96c/bu while oilshare is 33.26 percent. Corn spreads stabilize with Dec 19/Dec 20 trading to 32 3/4c from lows of 34c, and an inverse before the Aug. 12 report. Dec/March corn tightens to 12 1/4c from 12 1/2c. Sep/Dec corn firms back into 10 1/4c from 11c. Dec wheat/corn trades from 1.02 1/4c to 1.03 3/4c. PALM OIL Down 28 ringgits NEWS Stocks are up 209 pts to start the day with support under energies with a high in crude at $55.67/barrel. The US dollar strengthens up to 98.33. June US housing starts were revised to -1.8 percent from 0.9 percent. CALLS Calls are higher across the board: beans: 4-6 higher meal: 1.20-1.50 h...
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.