SPREADS November crush falls to 87c/bu while oilshare trades to 33 percent. Dec/March corn trades from 13c to 13 1/3c while Dec 19/Dec 20 trades out to 38 1/4c closing at 37 1/4c. The Nov/Jan bean spread is a steady 13 1/2c to 13 3/4c, narrowing a bit from the 14c trade of yesterday. Dec/March meal trades from $4.50 to $4.60. Dec wheat/corn trades from 97c to 93 1/2c. PALM OIL October up 4 ringgits NEWS The Dow is up 200 pts. with profit-taking in the US dollar, which trades down to 98.58. Crude trades up to $55.58/barrel. CALLS Calls today are as follows: beans: 2-4 higher meal: 1.20-1.50 higher soyoil: 10 lower corn: 1/2 higher wheat: 2 1/2-3...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.