SPREADS Dec crush trades to 92.15c/bu while oilshare trades to 34.24%. Dec/March corn trades to 8 1/4c from 8 3/4c, while Dec/Dec narrows to 11 1/2c from 15c. Nov/Jan beans trades back into 2 3/4c from 3 3/4c, while Jan/March inverts to 9 1/2c from 7c. Dec wheat/corn trades from 1.93 34c to 1.86 1/4c. PALM OIL Dec futures traded 107 ringgits higher, ending at 3,082 ringgit/mt which is an eight-month high. NEWS Equities are slightly lower, down 23 pts, with crude oil trading to $41.49/barrel. The US dollar trades down to 92.77. CALLS Calls today are as follows: beans: 6-9 higher meal: 2.00-2.40 higher soyoil: 30-35 higher corn: 1 - 1 1/2 higher wheat:&...
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.