Jul 26 Corn closed at $4.07/bushel, down $0.0275 from yesterday's close. Sep 26 Wheat closed at $5.96/bushel, down $0.01 from yesterday's close. Nov 26 Soybeans closed at $11.35/bushel, down $0.0675 from yesterday's close. Jul 26 Soymeal closed at $303.6/short ton, up $0.7 from yesterday's close. Jul 26 Soyoil closed at 69.46 cents/lb down 1.13 cents from yesterday's close. Aug 26 Live Cattle closed at $246.525/cwt up $0.525 from yesterday's close. Aug 26 Feeder Cattle closed at $372.925/cwt up $4.775 from yesterday's close. Aug 26 Lean Hogs closed at $96.7/cwt down $0.525 from yesterday's close. Aug 26 WTI Crude Oil closed at $69.82/barrel down $3.39 from yesterday's close. ...
What You Need to Know Today: The latest EIA Short-Term Energy Outlook forecast 2027 U.S. WTI crude oil at $65.39/brl, up about $5 from the prior forecast. President Trump late Monday claimed the U.S. has swept the entire Strait of Hormuz (SOH) for sea mines. Iran’s security council said...
Key Takeaways: Soymeal with 44 percent protein generally contains more soybean hulls and fiber, while 48 percent soymeal is more extensively dehulled, resulting in higher protein concentration and lower fiber. CBOT soymeal futures were lowered from a 48 percent to 47.5 percent protein specific...
The trade deficit contracted slightly to $73.3 billion in June, a break from the volatility that has underscored international trade over the past year. Despite the small change, there was plenty of activity behind the scenes: imports fell $7.3 billion, led by crude oil, reflecting cheaper crud...
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.