May 25 Corn closed at $4.64/bushel, up $0.0825 from yesterday's close. May 25 Wheat closed at $5.54/bushel, up $0.0575 from yesterday's close. May 25 Soybeans closed at $10.2725/bushel, up $0.155 from yesterday's close. May 25 Soymeal closed at $304.9/short ton, up $5.1 from yesterday's close. May 25 Soyoil closed at 43.17 cents/lb up 0.18 cents from yesterday's close. Apr 25 Live Cattle closed at $196.275/cwt down $0.275 from yesterday's close. Apr 25 Feeder Cattle closed at $274.425/cwt down $1.65 from yesterday's close. Apr 25 Lean Hogs closed at $86.65/cwt up $1.95 from yesterday's close. Apr 25 WTI Crude Oil closed at $66.27/barrel down $0.04 from yesterday's close. ...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
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.