SPREADS March crush trades lower to 1.03c/bu while oilshare trades to 35.55%. March/May corn trades from 6 1/4c out to 6 3/4c, while July/Dec trades from even to 1/2c. Jan/March meal trades from $4.10 out to $4.50. March/May meal trades from $2.90 out to $3.20. March wheat /corn trades from 1.62 1/4c to 1.60c. PALM OIL March down 19 ringgits. NEWS Stocks are 11 pts higher with the feature of the morning that of higher US dollar vs. weaker crude. Brexit worries fuel a buy the US dollar/sell the British pound trade. CALLS Calls this morning are as follows: beans: 4-6 lower meal: 1.80-2.20 lower soyoil: 45-55 lower corn: 1 1/2-2 lower wheat: 6-8 low...
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.