SPREADS July crush trades to 85.54c/bu while oilsahre is slightly weaker trading down to 30.93%. July /Dec corn firms to 17c from 17 1/2c, while May/July trades from 7 1/2c to 8 1/2c. July /Nov beans firm to 2 1/4c from 4 1/2c as more export chatter increases. May/July wheat inverts to 6c from 5 3/4c on lack of deliveries. July wheat/corn trades from 1.98 3/4c to 2.03 3/4c. PALM OIL Closed for the week NEWS There is a risk-off reaction to comments from President Trump who said he would possibly retaliate in some form against China for the virus. Stocks are down 465 pts on heightened trade tensions, and the US dollar falls to 98.85. Crude firms to $20.48/barrel as more production cuts are...
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...