SPREADS Jan crush trades firmer at 1.28c/bu while oilshare trades back down to 30.37%. Spreads are firmer with Dec/Dec corn now inverting to 22 1/2c from 19c, while Dec/March trades into 1 3/4c from 2 3/4c carry. Jan/March inverse congests again from 14c to 13 1/4c. Dec/March meal inverse is very strong at 20.00 to 17.90. Dec/March wheat trades at a small carry, but did go into an inverse this week. Dec/wheat corn trades from 2.11c to 2.05c. PALM OIL Malaysian palm oil futures closed unchanged at 2,943 ringgit/mt. Cash offers rose for RBD palm and olein by $5/mt. NEWS Equities are 90 pts. higher with crude trading up to $40.92 /barrel, and the US dollar lower at 92.66. ...
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.