SPREADS October crush trades to 79.41c/bu while oilshare trades to 35.0%. Nov/Jan beans trades from 5 3/4c to 6 1/4c. Dec/March corn trades from out to 9 3/4c from 9 1/4c, while Dec/Dec trades out to 25 1/4c from 22 3/4c. Dec wheat / corn trades from 2.07c down to 2.01 1/2c. Dec/March wheat trades from 7 3/4c out to 8 1/4c. PALM OIL November closed up 25 ringgits, though lower exports in August capped off better gains. The market is focused now on August production, however, rather than the drop in exports. A higher palm oil trade helps soyoil futures to stabilize. NEWS Stocks are up 132 pts with crude oil trading up to $43.21/barrel. The US dollar trades up to 92.71. &nb...
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.
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...