SPREADS August crush trades to 85.22c/bu while oilshare firms to 32.99%. The July roll officially begins on Friday. On corn weakness this morning, July/Dec widens back out to 14 1/2c from 13 1/2c, while Jul/Sep trades out to 4 3/4c from 4 1/4c. July/Dec meal widens back out to $8.80 from $8.50. July/Nov beans firmed into 9c yesterday, and trades from 9 1/2c to 10 1/2c this morning. PALM OIL August crude closed up 59 ringgits higher, up 2% to a two-month high close Wed. on lower than expected May production and higher crude oil prices. SGS forecast their estimate of palm oil exports in May at 1.246 mln mt, up 4.4% from mo ago. NEWS The Dow is higher, up 175 pts, with crude oil advancing to...
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.