SPREADS October crush trades to 1.15c/bu while oilshare trades to 47.58%. Sep/Dec corn inverse continues to weaken, trading down to 2 1/2c from 3 1/4c, while Dec/March carry trades from 7 1/2c to 7 3/4c. Sep/Dec wheat trades into new lows at 10c carry from 9 1/2c. Dec wheat/corn trades from 1.36 1/2c to 1.31 1/2c. Sep/Dec meal trades from $2.00 to $2.80. August/Nov bean inverse weakens to 53 1/2c from 55 1/2c. Sep/Nov bean inverse trades from 5c down to 3 3/4c. PALM OIL October palm oil exports rose 46 riniggits, or 1.1%. July 1-25 production was down by 6% from the prior month on disappointing yields. NEWS Stocks are down 85 pts as earning's week rolls on and the Fed w...
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
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.