SPREADS July oilshare trades to 40.21% with crush at 64c/bu. July/Nov bean inverse trades to 1.92c, but closes at 1.86 1/4c. May/July bean inverse trades up to 15c from 13 3/4c. July/Dec meal inverse trades down to $28.60 from $31.10. May/July corn inverse remains firm as the basis is as well, trading to 19 14/c from 17 3/4c inverse. July/Dec corn trades down to 62 1/4c from 65 1/4c. July wheat/corn trades from 85 3/4c to 83 3/4c. PALM OIL June up 129 ringgits at 3,972 ringgit/mt. SGS forecast palm oil exports for March 1-20 at 733,668 mt, down 0.1% from the same period in Feb. NEWS Stocks are 110 pts lower as traders unwind previous buy energy/sell the US dollar spread. For the day, crud...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.