Dec 24 Corn closed at $4.275/bushel, up $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.715/bushel, down $0.0175 from yesterday's close. Jan 25 Soybeans closed at $10.2625/bushel, up $0.225 from yesterday's close. Dec 24 Soymeal closed at $298.5/short ton, up $0.1 from yesterday's close. Dec 24 Soyoil closed at 48.32 cents/lb up 1.98 cents from yesterday's close. Dec 24 Live Cattle closed at $185.825/cwt up $0.425 from yesterday's close. Jan 25 Feeder Cattle closed at $244.325/cwt up $0.3 from yesterday's close. Dec 24 Lean Hogs closed at $81.2/cwt down $0.925 from yesterday's close. Dec 24 WTI Crude Oil closed at $72.05/barrel up $0.36 from yesterday's close. ...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.