SPREADS August crush trades to 91.90c/bu while oilshare trades 45.61%. August /Nov bean inverse trades to 43 1/2c down to 39 1/4c., while Sep/Nov trades from 7 1/2c down to 5 1/2c. Sep/Dec meal carry trades from $3.60 out to $4.50. July/Dec corn trades at 1.21 1/2c, with Sep/Dec inverse trading from 11c to 12c. Dec /March wheat carry trades from 7 1/4c to 7 3/4c. Dec wheat/corn trades from 97 1/4c to 96 3/4c. PALM OIL Sep. down 24 ringgits with cash down $2.50/mt. NEWS Stocks are down sharply over 450 pts with crude oil trading down to $70.76/barrel on the possibility of weaker demand if covid concerns continue over the Delta variant. The US dollar trades to 92.33. CALL...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.