SPREADS July crush trades to 82c/bu while oilshare trades to 44.85%. Bean inverses weaken while corn inverses strengthen. Jul/Nov bean spread inverse breaks down to 1.66c from 1.77 1/2c, while July/Dec meal firms from $9.50 to trade up to $11.10 inverse. July/Dec corn inverse closes on the highs at 1.19 1/4c from 1.13 3/4c. Look for likely further highs after the open. Sep/Dec corn inverse trades from 27c to 29c. July wheat/corn trades from 37 3/4c down to 31c. PALM OIL August palm closed down 157 ringgits closing at 4,300 ringgit/mt. The Malaysian Palm Oil Board noted the gov. has kept the June crude palm oil export tax at 8%, the maximum amount. NEWS Stocks are 408 pts lower with...
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...
From WPI Consulting
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.