SPREADS Jan crush trades to 1.05c/bu while oilshare trades to 32.71%. Dec/Dec corn inverse strengthens to 18c from 16c, closing at 16 1/4c. Dec/March corn narrows into 4 3/4c from 6c. Jan/March beans trade back out to a small 3/4c carry. Dec/March wheat trades into 5 1/4c from 6 1/4c. Dec wheat/corn trades from 1.66 1/2c up to 1.71 1/2c. PALM OIL Feb. up 42 ringgits ending the session at 3,330 ringgits/mt. NEWS The Dow is up 140 pts. Outside markets continue to focus on vaccine hopes, as the top scientific advisor Moncef Slaoui in US Operation Warp Speed said first Americans could receive the vaccine within 24 hrs of US Food and Drug Administration approval, potential by mid -December.&nb...
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.