May 25 Corn closed at $4.5775/bushel, down $0.04 from yesterday's close. May 25 Wheat closed at $5.3925/bushel, down $0.0125 from yesterday's close. May 25 Soybeans closed at $10.295/bushel, down $0.0475 from yesterday's close. May 25 Soymeal closed at $287.2/short ton, down $5.1 from yesterday's close. May 25 Soyoil closed at 48.5 cents/lb up 1.06 cents from yesterday's close. Jun 25 Live Cattle closed at $207.4/cwt up $1.975 from yesterday's close. May 25 Feeder Cattle closed at $287.925/cwt up $0.775 from yesterday's close. Jun 25 Lean Hogs closed at $96.525/cwt down $0.5 from yesterday's close. May 25 WTI Crude Oil closed at $71.21/barrel up $0.01 from yesterday's close. ...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
USDA’s monthly cattle on feed report for 1 July will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 102.2 percent of last year. Those estimates imply an on-feed inventory of 11.327 million head. If accurate, that would be the...
Key Takeaways: The situation in the Arab Gulf is little changed this week, which is to say it is a day-by-day – and sometimes hour-by-hour – judgment call as to what is or will happen. There are some vessels transiting the Strait of Hormuz, but transits are a fraction of what they...
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.