SPREADS August crush trades to 90.51c/bu while oilshare trades to 48.29%. August / Nov bean inverse trades from 54 1/2c to 52 1/4c, while Sep/Nov trades from 8c down to 6 1/2c. Sep/Dec meal carry trades from $3.50 out to $4.90. Sep/Dec wheat trades from 6c to 7 1/2c carry. Sep/Dec corn inverse weakened to 10 3/4c from 12 1/4c, while Dec/March corn carry trades into 7 1/4c from 7 3/4c. Dec wheat/corn trades from 1.16 1/4c down to 1.08c. PALM OIL Sep. up 144 ringgits/mt to 3.977. India's palm oil and soyoil imports plunged by nearly a quarter in June vs. a month ago, as refiners postponed purchases anticipating a reduction in the export tax. Imports were 24% lower than a month ago to 587,467 ton, w...
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.