SPREADS May crush trades lower to 57.98c/bu while oilshare trades to 38.47%. July/Dec bean inverse trades up to 1.79 1/4c but closes at 1.71c with a 1.69c low, with May/July trading from 18c to 15 1/4c. July/Dec meal inverse remains weak, trading down to $33.40 from $38.30. July/Dec corn congests from 52 1/2c to 58 1/2c, while May/July trades to 11 /2c from 13 1/4c. PALM OIL May up 142 ringgits ending at 3.883 ringgit/mt. The sharp rise in vegoil prices were attributed to attacks on Saudi oil installation facilities. NEWS The stock market is 50 pts lower with the passage of a stimulus bill factoring in all the good news, and the fear of rising interest rates is at work. The US dolla...
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...