Dec 21 Corn closed at $5.6575/bushel, up $0.135 from yesterday's close. Sep 21 Wheat closed at $7.005/bushel, up $0.0275 from yesterday's close. Nov 21 Soybeans closed at $13.885/bushel, up $0.1575 from yesterday's close. Dec 21 Soymeal closed at $369.7/short ton, up $5.3 from yesterday's close. Dec 21 Soyoil closed at 63.93 cents/lb up 0.85 cents from yesterday's close. Aug 21 Live Cattle closed at $119.775/cwt down $0.475 from yesterday's close. Aug 21 Feeder Cattle closed at $155.525/cwt down $1.85 from yesterday's close. Aug 21 Lean Hogs closed at $105/cwt up $0.525 from yesterday's close. Sep 21 WTI Crude Oil closed at $67.5/barrel up $1.15 from yesterday's close. ...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.