SPREADS August crush trades to 81c/bu while oilshare trades at 46.76%. July/Nov bean spreads firms off lows of 1.17 1/4c, with an inverse high at 1.25 3/4c. July/Dec meal trades from an inverse out to a $5.40 carry from $4.40. July/Dec corn inverse leaks down to 68c from 77 1/2c, while Sep/Dec inverse falls to 16 1/2c from 18 1/4c. July/Dec wheat trades from 13 3/4c to 14 1/2c carry. July wheat/corn trades from 1 1/4c to 9 3/4c. PALM OIL August closed down 88 ringgits ending at 4,041 ringgit/mt, headed for its largest drop in two weeks on concerns about lower exports and a rise in production. NEWS Stocks are trading both sides of even, but trending slightly lower into the first part of the trad...
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.