SPREADS May crush moves down to the lowest point so far at 81c/bu, while oilshare weakens to 33.55%. July/Dec corn remains a 2c-2 3/4c carry, while March/May firms into 3 1/2c from 4 1/2c. July/Nov beans trades into 10 3/4c from 11 1/2c. May wheat/corn trades at 157 3/4c. March/May wheat inverse trades from 1 1/2c to 2 1/2c. PALM OIL May palm ended 17 ringgits lower. Top economic officials from Indonesia said the gov. is considering increasing their palm oil export taxes in a bid to help support and expand domestic biodiesel production and consumption. Indian refiners of edible oils urged the gov. to stop issuing import licenses for palm-olein to help avoid a crash in domestic p...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
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...