SPREADS Sep. crush trades to 76.68/barrel while oilshare moves up to 32.87% on soyoil strength. Could look for further oilshare strength today, and move back over 33.0%. Sep/Dec corn narrows into 8 1/2c from 9c, while Sep/Dec wheat trades into 6c from 7c. Sep wheat/corn trades from 1.53 1/4c up to 1.56 1/4c. August / Nov beans narrows into 4 1/2c carry from 5 3/4c. Sep/Dec meal trades from $5.20 to $5.50. PALM OIL Sep. palm oil traded 49 ringgits higher. Palm oil rallies to two-week highs following the strong path of soyoil futures yesterday. NEWS Stocks are up 23 pts as the market continues to assess the pace of new Covid-19 cases globally. Crude oil prices trade...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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.