SPREADS March crush falls to 91.52c/bu while oilshare falls to 32.89%. March/May corn trades from 2 3/4c to 3 1/4c carry, while July/Dec corn prices could invert more on talk that the US will export a record amount of corn Jan 2021. July /Dec corn now trades from 15 3/4c inverse to 16 3/4c. March/May wheat trades from 2 3/4c carry to 3 1/4c. Jan/March bean spread narrows back into 4 3/4c from 5 1/4c as this is now day 3 of the Goldman Roll. March wheat/corn trades under 1.50c to new lows at 1.46 1/2c. PALM OIL Feb. down 10 ringgits at 3,356 ring/mt. NEWS The Dow is up 94 pts as crude oil trades to new highs of $46.24 /barrel. The US dollar trades down top 90.69. DELIVERIES wheat:&...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.