SPREADS Dec crush trades to 1.02c/bu while oilshare falls to 32.05%. Spreads are weaker with Dec/Dec trading out to 20 1/2c from 17 3/4. Dec/March narrows into 8 3/4c from 9c. Dec/March wheat trades from 7 1/2c to 8 1/4c. Dec wheat/corn trades from 1.79 3/4c to 1.76c. Nov/Jan beans trades from 4c to 4 3/4c, while Jan/March trades from 5 1/2c inverse down to 4 1/4c. PALM OIL Dec closed 103 pts lower. Drops to one month low as rising output and political tensions weigh. NEWS Stocks are lower again today, down 160 pts, with US jobless claims reaching 870,000, as layoffs remain elevated post Covid. Crude trades down to $39.12/barrel as the US dollar strengthens to 94.59. CALLS Calls t...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.