SPREADS July crush trades higher to 61.63c/bu while oilshare trades to 38.41%. The July/Nov bean inverse weakens to 1.26 1/4c vs. 1.31c, while May/July bean inverse trades down to 3 1/4c from 3 3/4c. May/July meal carries trades from lows of $4.10 to $4.40. July/Dec corn inverse trades lower to 55 1/2c from 61 1/4c, while May/July inverse trades from 13c down to 12 1/2c. May/July wheat trades from 2 1/2c carry to 3 1/4c. PALM OIL June palm oil up 74 ringgits to 3,724 ringgit/mt. Malaysian Palm Oil stocks were larger than expected as published yesterday with March stocks up 10.7% to 1.45 mmt, which was a four-month high sponsoring yesterday's hard break. Production increased by 28% to 1.42 m...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
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.