SPREADS July crush trades to 96.84c/bu while oilshare works down to 30.45%. July/Dec corn trades out to 5 1/2c carry from 4c. July/Nov beans trades from 7 1/2c out to 10c carry. July/Dec meal spreads work out to $5.80 from $4.00. May wheat /corn trades from 1.40 1/4c to 1.36 1/4c. PALM OIL May down 49 ringgits. Intertek estimated Malaysian palm oil exports for the first half of March at 489,635 tmt, off 9.6% from the Feb 1-15 time period estimate of 541,444 tmt. NEWS Stocks remain locked down 1041 pts as trading is halted. Crude oil prices are back below $30/barrel to a fresh low of $28.81/barrel. The US dollar is weaker trading to 97.44. CALLS Calls today are lower across...
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.
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...