SPREADS Sep. crush trades to 80.56/bu while oilshare trends lower at 32.44% from values over 33.0%. July/Dec corn narrows into 8 1/2c, the highest level since April 1. July/Sep corn narrows into 2c from 3c. July/Nov beans trades to a 2c inverse, with July/August trading to 3 3/4c. July/Dec meal trades from $6.40 to $6.60. Sep wheat/corn trades from 1.61 1/2c down to 1.59c. PALM OIL 1.2% lower as fears of slowing global consumption due to coronavirus grow. Malaysian cash July offers for RBD palm oil and olein traded $5.00/mt lower to $622.50/mt and $625.00/mt, respectively. NEWS Stocks are 200 pts lower in trade with crude oil down to $37.08/barrel as more coronavirus cases increase...
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.