Dec 24 Corn closed at $4.1075/bushel, up $0.035 from yesterday's close. Sep 24 Wheat closed at $5.7125/bushel, up $0.0975 from yesterday's close. Nov 24 Soybeans closed at $10.6775/bushel, up $0.0075 from yesterday's close. Dec 24 Soymeal closed at $315.5/short ton, down $0.9 from yesterday's close. Dec 24 Soyoil closed at 46.15 cents/lb up 0.57 cents from yesterday's close. Aug 24 Live Cattle closed at $182.25/cwt up $0 from yesterday's close. Aug 24 Feeder Cattle closed at $256.15/cwt up $1.8 from yesterday's close. Aug 24 Lean Hogs closed at $86.675/cwt up $2 from yesterday's close. Aug 24 WTI Crude Oil closed at $82.86/barrel up $0.76 from yesterday's close. ...
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...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...
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.