Jul 23 Corn closed at $6.4025/bushel, up $0.17 from yesterday's close. Jul 23 Wheat closed at $6.88/bushel, up $0.265 from yesterday's close. Jul 23 Soybeans closed at $14.665/bushel, up $0.3825 from yesterday's close. Jul 23 Soymeal closed at $416.4/short ton, up $22.2 from yesterday's close. Jul 23 Soyoil closed at 59.69 cents/lb up 1.26 cents from yesterday's close. Aug 23 Live Cattle closed at $171.725/cwt up $0.65 from yesterday's close. Aug 23 Feeder Cattle closed at $234.925/cwt up $0.8 from yesterday's close. Jul 23 Lean Hogs closed at $92.85/cwt up $0.925 from yesterday's close. Jul 23 WTI Crude Oil closed at $71.66/barrel up $1.04 from yesterday's close. ...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.