SPREADS July crush trades to 61.80c/bu while oilshare trades to 39.85%. Bean spreads continue firm with July/NOv trading up to 1.54c from 1.48 1/4c, while May/July trades from inverse of 12c down to 10 1/2c. July/Dec meal trades from $16.70 inverse down to $13.50. Jul/Dec corn inverse firms to 64 3/4c from 61 1/4c while May/July trades to 12 1/2c inverse from 11 3/4c. May/July wheat trades from 2c to 2 1/2c carry. PALM OIL June down 1 ringgit. Palm oil rises on expectation of continued tight stocks amidst buoyant demand vs. steady production. SPPOMA trade association reports that exports for the first half of April rose around 15% on the month to 585000 mt. NEWS Stocks are 45...
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.