SPREADS Oct. crush trades at 1.09c/bu while oilshare trends down to 32.58 percent. Meal steady against falling soyoil today. The Dec 2019/20 corn inverse trades at 36 3/4c, from 34 3/4c. Dec/March corn is back out to 12 1/4c from 12c. Nov/Jan beans trades from 13 1/2c to 14c while Dec/March meal trades into $3.80 from $4.20, closing at $4.20. Dec wheat/corn trades from tight at 1.01 1/4 to 1.01 1/2c. PALM OIL October closes up 4 ringgits NEWS Stocks were higher during the night session but did not react well to China's announcements for retaliatory tariffs, dropping 150 pts. Currently the Dow is off 114 pts. Crude breaks as well trading down to $53.40/barrel from $55.60/barrel. The US dol...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
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...
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.