Mar 25 Corn closed at $4.9525/bushel, up $0.02 from yesterday's close. Mar 25 Wheat closed at $5.8775/bushel, up $0.155 from yesterday's close. Mar 25 Soybeans closed at $10.605/bushel, up $0.035 from yesterday's close. Mar 25 Soymeal closed at $306.4/short ton, down $1.9 from yesterday's close. Mar 25 Soyoil closed at 45.4 cents/lb up 0.31 cents from yesterday's close. Apr 25 Live Cattle closed at $196.775/cwt down $4.525 from yesterday's close. Mar 25 Feeder Cattle closed at $265.3/cwt down $5.425 from yesterday's close. Apr 25 Lean Hogs closed at $91.75/cwt up $0.2 from yesterday's close. Mar 25 WTI Crude Oil closed at $70.51/barrel down $0.52 from yesterday's close. ...
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
All eyes are shifting to the Senate following the House passage of a farm bill last Thursday. Senate Agriculture Committee Chair John Boozman (R-Arkansas) is targeting the end of May or early June for a bill markup. According to Boozman, the House “going ahead and passing something was re...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.