SPREADS October crush trades at 1.08c/bu while oilshare is a firmer trading to 32.79 percent. Bean spreads remain wide with Nov/Jan trading out to 14 3/4c from 14 1/4c. Dec/March meal trades from $4.50 to $4.60. Dec 19/Dec 20 corn remains weak trading out to lows at 37c, but closing at 35c as traders book profits. Dec wheat/corn trades from 1.10c from 1.04 1/4c. PALM OIL October up 3 ringgits - SGS estimated palm oil exports for the Aug. 1-25 period at 1.365 mmt, up 18.0 percent vs. year ago. NEWS The Dow is up over 190 points responding to more positive developments from the G-27 meeting and headlines of a cut-back in trade escalations between the US/China. The US dollar trades higher, up to 97.99 w...
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.