SPREADS Volumes in spread trade remain heavy as first notice day arrives Friday. The March/May corn spread trades from 3 3/4c to 4 1/4c, while July/Dec corn trades from 2 3/4c out to 3 3/4c. March/May wheat inverse firms to 5c from 4c, with prices closing at the highest level in over over a year. July/Nov bean spread trades from 10 1/4c to 11 1/2c. May wheat /corn trades from 1.59c to 1.60c. May crush trades higher to 90c/bu while oilshare steadies at the 33.20% level. PALM OIL May up 41 ringgits. Futures are higher after the second largest palm producer announced a long awaited economic stimulus package to counter the impact of the coronavirus outbreak. NEWS Stock...
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.