SPREADS March crush trades top 1.08c/bu while oilshare moves into steady territory from lower at 33.70%. Bean spreads are still wide with Jan/March trading from 14 1/4c out to 15 1/4c. March/May beans trades from 14 1/4c to 14 3/4c. March/May meal narrows into $2.60 from $2.80, and from values that were over $3.00. March wheat/corn trades a narrow 1.46 1/4c to 1.47 1/4c. PALM OIL Feb up 40 ringgits and cash offers $28/mt higher. NEWS Stocks are higher up 52 pts extending gains on a strong jobs report. Employers added 266,000 jobs in Nov. and unemployment matched a 50-year low at 3.5% amid signs that the US economy is withstanding a global slowdown. Money flows unwi...
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.
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...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...