SPREADS May crush trades to 1.04c/bu while oilshare corrects down to 34.77%. July /Dec corn trades from even to 1c carry. March/Dec corn trades out to 11 1/4c from 9 1/4c. July /Nov beans trend weaker trading out to 10 1/4c from 9 3/4c. March wheat/corn trades from 1.85 3/4c to 1.83 1/2c. March/May meal trades from $4.10 to $4.30. PALM OIL April palm down 63 ringgits. Malaysia made a deal to increase imports of sugar from India, which could lead to the removal of the import tax on Malaysian palm oil as the two countries settle a political spat. India is the largest buyer of palm. NEWS Equities are higher up 70 pts. with crude oil trading down to $55.16/barrel...
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...