SPREADS Nov/Jan beans narrows into new highs of 9 1/2c with Cargill stopping all bean receipts delivered. Jan/March beans firm into 12 1/4c from 12 1/2c. Dec/March corn trades into 8 1/4c while Dec 19/Dec 20 widens back out to 25c from 23 3/4c. Jan crush firms to 90c/bu while oilshare trades down to 34.07%. Dec/March wheat trades into 4 1/2c from 4 3/4c, while Dec wheat/corn trades at 1.35 1/2c. PALM OIL January closes up 51 ringgits at 2,579 ringgit/mt. Soyoil futures are seeing support from palm oil's strong performance, giving a boost to oilshare. NEWS The Dow is mixed at the start of the session, trading both sides of even. Crude oil trades down to $56.07/barrel, while the US dollar trades...
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.