SPREADS July crush trades to 61c/bu while oilshare trades to 39.11%. July/Nov bean inverse firms to 1.88 3/4c from 1.82 3/4c, while May/Jul inverse trends down to 12 1/2c from 13 3/4c. July /Dec meal trades from $34.90 inverse from $32.60. July/Dec corn trades from 68 1/4c down to 65 1/2c. May/July corn inverse trades to new highs at 19 3/4c from 18 3/4c. May wheat/corn trades from 68 3/4c to 70 3/4c. PALM OIL June up 113 ringgits/mt, trading higher finishing at 3.837 ringgit/mt. Intertek estimated exports over the March 1-20 period at 734,463 mt, up 5.2% vs. the Feb 1-20 period. NEWS Stocks are down 45 pts with crude oil prices weaker trading to $60.39/barrel. The US dollar t...
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...