SPREADS Dec crush at 91.46c/bu while oilshare trades to 33.45 percent, correcting lower today. Dec/March corn narrows into 11c from 11 1/4c, and values that were out to 13c. Dec 19/Dec 20 corn narrows into 33 1/2c from 34c, also continuing to see moderate strength. Nov/Jan beans slightly firmer at 13 1/2c from 14c and Dec/March meal trading from $5.00 to $5.20. Jan/March 20 bean spread trades into 12 3/4c from 13c. Dec wheat/corn trades from 1.20 1/2c to 1.15c. PALM OIL Cash markets are lower. NEWS Stocks are moderately higher up 30 pts in early trading, with crude oil the main feature in the macro world trading up to $59.64/ barrel. The US dollar is weaker trading down to 98.24. &nb...
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.