SPREADS March crush trades to 1.03c/bu while oilshare moves to 33.85%. March/May beans trades into contract lows of 15 1/2c, which is 66% of fully carry. Dec/March corn trades into 8c vs. 8 1/2c while March/May corn trades from 4 1/4c to 4 3/4c. March/May meal trades from $3.80 to $3.90. March wheat/corn trades from 1.55c to 1.57c. PALM OIL Feb up 15 ringgits and cash up $7.50. Indonesia's Trade Ministry said they would keep their crude palm oil export tax unchanged at zero percent for December. NEWS The Dow is off 180 pts on ideas that the trade war phase one deal will see a market setback. Crude trades to $55.35/barrel, with the US dollar weaker at 97.74. CALLS Calls are as fo...
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.