SPREADS May crush trades to 93.13c/bu while oilshare trades to 31.50%. Nearby corn spreads continue firm with July/Dec trading into 1c from 2c carry. March/May corn closes at a 3c inverse from 2 3/4c. July/Nov beans narrows into 6c from 7 3/4c. July/Dec meal trades from $4.50 out to $5.00. PALM OIL Malaysian Palm Oil Board data shows Feb ending stocks at 1.681 mt, down from 1.744 mt and below expectations at 1.755 mt, with year ago numbers of 3.045 mt. Exports were 1.083 mmt, vs. 1.282 mmt and below expectations at 1.213 mmt. Cash offers up higher, up $7.50/mt. NEWS Stocks are up 800 pts at this writing, with crude oil trading up to highs of $34.60/barrel. &...
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.