SPREADS May crush trades to 81.52c/bu while July trades at 72c/bu. May oilshare trades up to 41.0%, while July trades to 40.39%. July/Nov bean inverse is stronger again trading up to 1.64 3/4c from 1.58 1/2c. May/July beans trades down to 9 3/4c inverse from 10 3/4c. July/Dec meal firms off of lows of $29.60 to $31.80. July/Dec corn inverse trades up to 53 1/2c from 50c, while May/July trades from 10 1/2c down to 9 3/4c. May wheat/corn trades from 99c to 1.04c. PALM OIL May palm up 8 ringgits at 4,133 ringgit/mt. Intertek reported that palm exports over the March 1-15 time period are 507,283 mt, down 4.4% from their same Feb timeframes. NEWS Stocks were higher in o...
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.