Dec 23 Corn closed at $4.86/bushel, down $0.015 from yesterday's close. Dec 23 Wheat closed at $5.6/bushel, down $0.085 from yesterday's close. Nov 23 Soybeans closed at $12.73/bushel, up $0.0025 from yesterday's close. Dec 23 Soymeal closed at $372/short ton, up $0.3 from yesterday's close. Dec 23 Soyoil closed at 55.99 cents/lb down 1.14 cents from yesterday's close. Dec 23 Live Cattle closed at $186.025/cwt up $0.375 from yesterday's close. Nov 23 Feeder Cattle closed at $250.425/cwt up $0.075 from yesterday's close. Dec 23 Lean Hogs closed at $69.175/cwt up $0.1 from yesterday's close. Nov 23 WTI Crude Oil closed at $84.45/barrel down $4.78 from yesterday's close. ...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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.