SPREADS Jan crush trades to 1.12c/bu while oilshare trades to 32.80%. Major overnight feature is the weakness in spreads, with Dec/March corn trading out to 6c from 4 1/2c and Dec/Dec inverse falling to 13 1/4c from 17c. Dec/March wheat trades from 7 3/4c carry to 8c. Jan/March beans trade from 1 3/4c inverse to 1/2c. Dec/March meal trades from $5.00 to $4.40 inverse, more congestion trade. Dec wheat/corn trades from 1.77 1/2c down to 1.75 3/4c. PALM OIL Feb. down 20 ringgits to 3,344 ringgit/mt. Futures climbed in early trade maintaining momentum from the previous trading session, but ended lower on profit-taking. Crop shortage in the edible oils market continues to under...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.