SPREADS Sep. crush trades to 72.56c/bu while oilshare trades up to 33.0%. Would look for soyoil to continue to gain on meal today. Sep/Dec corn spread is firer trading into 7 1/2c while Sep/Dec. wheat narrows into 6c from 6 3/4c. Sep wheat /corn trades from 1.97c to 1.98 3/4c. August / Nov beans strengthens to 1/4c to 1 3/4c carry, with the possibility of seeing an inverse for this market. Sep/NOv trades into 3 1/2c from 4c. PALM OIL Sep. palm oil up 71 ringgits. NEWS Stocks are steady to higher, trading up 66 pts. The US dollar weakens to 96.36 while crude trades down to $39.07/barrel. CALLS Calls are firmer across the board: beans: 1 1/2-3 higher meal: .80- 1.00 higher...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...