SPREADS Jan crush trades to 85c/bu while oilshare sits still well supported at 34.40%. Dec/March corn trades slightly weaker today from highs of 8c yesterday out to 9 1/2c. Dec 19/Dec 20 widens back out to 23 1/4c from 21c. Dec wheat/corn trades from 1.38 1/2c up to 1.40c as traders buy wheat/sell corn. Dec /March wheat firmed into 4 1/4c from 5c. Jan/March beans firm to 12 1/2c from 13 1/4c. PALM OIL Jan down 28 ringgits ending at 2,525 ringgit/mt. A poll of analysts expects Oct. palm production to be around 1.88 mmt when the data is released on Nov. 11th by the Malaysian Palm Oil Board. Exports for the month could be around 1.59 mmt, up 13.1% and Octo ending stocks at 2...
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.