SPREADS August crush trades to 74c/bu while oilshare trades to 44.51%. July/Nov beans traded down to .52 1/4c inverse from 1.59c. July/Dec meal trades from .20 to .90c carry. July/Dec corn trades from 99 1/4c to 1.04 1/4c, closing at 1.02c inverse. Sep/Dec trades from 24 1/2c to 26 1/2c inverse. July wheat/corn trades from 22 1/4c to 33 3/4c, closing at 30c. PALM OIL August closed down 107 ringgits lower ending at 3,917 ringgit/mt. NEWS Stocks are higher up 160 pts with the US dollar firming to 90.17 and crude oil trading to a low of $65.37/barrel. CALLS Calls are as follows: beans: 1-3 higher meal: 90-1.00 higher soyoil: steady corn: 4-6 higher wheat: 11-13 higher can...
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.