SPREADS Sep. crush trades at 81.48c/bu while oilshare trades over 33.0% to 33.15%. July/Dec corn narrows to 12 3/4c from 13 1/4c, while Jul/Sep trades from 4 1/2c to 5c. July/Nov beans trades to 3 3/4c to 5c, while July/August trades to a 3/4c inverse. July/Dec meal trades from $6.70 to $7.50. PALM OIL Cash offers for RBD palm oil and olein were unchanged Monday at $632.50/mt and $635.00 /mt, respectively. 2020 palm oil exports forecast by Malaysian Palm Oil Board released Monday shows they expect total palm oil exports off by 10.5% to 16.5 mmt. 2020 ending stocks are at an estimated 2.3 mmt, up 14.5% from year ago. According to Oil World's analyst Mielke, lower worldwide demand this year...
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.