SPREADS May crush takes a big hit, falling to 84c/bu, while oilshare trades lower to 33.48%. July/Nov beans trades from 10c to 11 1/4c. July/Dec corn trades inside the same range as it has been from 1 3/4c to 3c. March/May meal widens out to $6.00 again from $5.90. May wheat/corn trades from 1.62 1/4c down to 1.53 1/4c. March/May wheat trades from 1 1/2c to 2 3/4c inverse. PALM OIL May futures closed 104 ringgits lower, with cash down $17.50/MT to a 4-month low on lower exports and higher output. Palm oil touched the lowest price since November 2019. Market is expecting February output to rise 11- 17%. NEWS The stock market is up 128 points today after falling over 1,000 points yesterday. Crude is mixed, trading down to $51.07/ba...
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...
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.