SPREADS July crush trades 58c/bu while oilshare trades to 39.99%. Bean spreads are firmer with July/Nov trading from 1.85 3/4c to 1.92 1/2c. May/July bean spread trades down to 10 3/4c inverse to 12 1/4c. July/Dec meal falls to $27.70 inverse from $30.60. July/Dec corn inverse trades to 64c from 66 1/4c while May/July trades to 16 1/2c from 17 1/4c, and values that were 19 1/4c. May/July wheat trades down to 7 1/4c inverse from 9c. The July wheat/corn spread trades from 90c to 89 3/4. PALM OIL June closed unchanged at 3,930 ringgit/mt. Inventories at the world's largest grower Indonesia is expected to shrink by almost half to 2.67 mmt by the end of 2021 as a rise in demand is seen outpacing...
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.