SPREADS July/Nov bean inverse trades from 1.78 1/4c down to 1.73 1/2c, while May/July trades from 11 3/4c to 13c. July/Dec meal trades from $30.60 inverse down to 11 3/4c. May wheat/corn trades from 86c down to 82c, with target lows at 60c. May/July corn trades to 17c inverse after hitting 19c this week, and trades to 15 1/2c. July/Dec corn trades from 65 3/43c to 61 3/4c. May crush trades to 68c/bu while oilshare is lower at 39.98%. PALM OIL June down 79 ringgits ending at 3.720 ringgit/mt. NEWS Stocks are up 33 pts with crude breaking to new lows at $59.06 and the US dollar trading up to 92.06. CALLS Calls today are as follows: beans: 3-5 higher meal: 1.40-1.80 higher soyoil: 20-25...
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...