SPREADS Sep crush trades to 96c/bu while oilshare weakens to 30.95%. Corn spreads are slightly wider with Dec/March trading out to 8 1/2c while Sep/Dec trades out to 5 1/4c from 5c. The Dec/Dec corn inverse trades from 16c down to 13c after rebounding into the 20's last week. Sep/Dec meal weakens out to $4.50 from $4.40. The Sep wheat/corn spread trades from 71 3/4c to 70c. PALM OIL - closed 9 ringgits lower NEWS The stock market is firmer this morning trading up, with crude oil values at $56.36/barrel, and the US dollar higher at 97.17. The higher US dollar is price negative for wheat. Calls today are higher across the board, and still feels like we are on a buy soy/sell grains featured trade:...
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.