SPREADS Dec crush firms to 82c/bu while oilshare sits at 33.31%. Corn spreads are narrower with Dec/March trading into 11 1/4c from 12c, and Dec 19/Dec 20 trading out to 21 1/2c. Dec/March wheat trades from 4 3/4c to 5 1/2c. Jan/March beans trades out to 11 3/4c from 11 1/4c, while Nov/Jan widens out to 14 1/2c. Dec wheat/corn trades from 1.30 1/2c to 1.31c. Dec/March oil spread trades from 46 to 47 pts. PALM OIL Nov cash offers for palm oil +15,00/mt higher, rising to 16 month highs. Oct. palm oil exports are estimated to be 10% higher than Sep., spilling over into soyoil futures this morning. Malaysia's trade and industry minister said talks were still on track for approval of a tr...
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.