SPREADS Jan crush trades at 99c/bu while oilshare trades down to 33.16%. Dec/March corn trades out to 9 3/4c from 9 1/4c while Dec 19/Dec 20 trades from 24 1/4c to 24 3/4c. Jan/March beans trades from 12 1/4c to 12 3/4c. Dec wheat/corn trades from 1.32c down to 1.29 1/2c. PALM OIL Feb. down 11 ringgits to close at 2,596 ringgits. NEWS The Dow posted a new high but prices quickly dropped on a more pessimistic trade headline, which had the opposite connotation of weekend rhetoric. Crude oil is weaker, trading down to $57.16/barrel while the US dollar weakens down to 97.87. For the first time in nearly 5 years, China’s central bank unexpectedly lowered its 7 day rep rate to 2.50% from...
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.