May 26 Corn closed at $4.5225/bushel, down $0.02 from yesterday's close. May 26 Wheat closed at $5.9825/bushel, up $0.0075 from yesterday's close. May 26 Soybeans closed at $11.635/bushel, down $0.05 from yesterday's close. May 26 Soymeal closed at $315.2/short ton, down $3 from yesterday's close. May 26 Soyoil closed at 68.94 cents/lb up 1.83 cents from yesterday's close. Jun 26 Live Cattle closed at $246.325/cwt up $1.975 from yesterday's close. May 26 Feeder Cattle closed at $370.625/cwt up $2.625 from yesterday's close. Jun 26 Lean Hogs closed at $104.475/cwt down $0.7 from yesterday's close. May 26 WTI Crude Oil closed at $111.56/barrel up $11.44 from yesterday's close. ...
Key Takeaways: Diesel accounts for about 64 percent of U.S. farm fuel spending. For farmers, the pressing question is what a higher price adds to each field operation. Iowa farm diesel averaged $5.50/gallon in September, compared with the $2.89/gallon Iowa State assumed for its February machin...
It’s often said that history doesn’t repeat itself, but it often rhymes. If only humanity could stop repeating the worst parts of our historic verse. Politicians, again at the center of this week’s follies, have found a way to make old mistakes sound new: announce them at a pr...
What You Need to Know Today: Chinese President Xi Jinping arrived at the White House today as part of a highly anticipated three-day visit to the United States, marking his first visit to Washington in eleven years. Trade is expected to feature prominently in discussions with President Trump,...
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.