SPREADS March crush trades down to 91.64c/bu while oilshare trades down to 32.94% from values over 33.0%. The July/Dec corn spread inverted to 33 3/4c from 32 1/2c, while March/May corn trades either side of even. March/May wheat trades from 1/4c to 1c carry. March wheat/corn trades from 1.56 1/4c to 1.51c. Jan/March beans trades from 1/2c to 3/4c carry. March/May meal inverts to new highs at $4.10 from $2.60. PALM OIL March up 35 ringgits to new contract highs at 3,585/mt. Values up into new highs following soyoil. Palm oil exports are expected to be up in Dec over 17% on the month, but the tax starting in Jan from 6.5% to 8.0% could weigh on a further rally. NEWS Stocks are up 55 pts, b...
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...