SPREADS August crush trades to 84c/bu while oilshare trades to 43.62%. Jul/Nov bean inverse trades from 1.04 1/2c down to 75 3/4c. Sep/Dec meal trades from $3.20 carry out to $5.00. July /Dec corn trades from 1.03 1/4c down to 94 1/2c, while Sep/Dec trades from 17c down to 14 1/4c inverse. Dec/March wheat trades from 5 1/2c carry to 6 3/4c. Dec wheat/corn trades from 1.21c down to 1.14c. PALM OIL Sep. palm oil futures closed up 38 ringgits at 3,415 ringgit/mt. NEWS Stocks are down 130 pts with the US dollar firmer trading to 92.07 while crude oil trades to a low of $70.33/barrel. CALLS Calls are as follows: beans: 50-55 higher meal: 6.40-7.20 higher...
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.