SPREADS Dec crush trades 1.03c/bu while oilshare is steady at 45.78%. Dec/March corn trades out to 8 1/4c from 7 3/4c while the Dec 21/22 inverse falls further to 15 1/2c from 19 1/4c. Dec/March wheat trades from 11 1/2c to 12 1/2c. Dec wheat/corn trades from 1.73 1/2c to 1.78c. Nov/Jan bean carry trades 9 3/4c to 10c. Nov 21/22 inverse trades from 26c to 28c. Sep/Dec meal trades from $4.30 to $4.60. PALM OIL Dec. down 4 ringgits to 4,451 ringgit/mt. NEWS Stocks are 150 pts higher as crude oil trades down to $73.74/barrel. The US dollar trades to 93.98. CALLS Calls are as follows: beans: 1-3 higher meal: .80-.90 higher soyoil: 10-15 higher c...
What You Need to Know Today: Risk-on money flow was present in the markets Thursday with headlines in Iran and the Black Sea driving the move. Russia attacked more of Ukraine’s processing and export facilities, including a Bunge facility near the Black Sea. One of the facilities hit was...
Key Takeaways: The significance of $100-per-barrel crude depends largely on how long prices remain elevated, as sustained high energy costs are more likely to influence longer-term agricultural decisions. Higher crude oil prices raise farm production costs most directly through diesel, while a...
Monday was Labor Day, the traditional end to the summer grilling season and high demand for cattle. Additionally, it marks the calendar end of summer heat and a transition into more moderate temperatures. As such, the next two months are the largest marketing periods of the year for feeder catt...
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.