SPREADS May crush trades top 96.55c/bu, lower than the spike high trade above 1.00c/bu this week. Oilshare falls to 32.18% as prices respond to lower palm, crude, and canola. The lack of corn deliveries finds March/May corn trading to 3c inverse from 1 1/4c. July/Dec trades from 1/4c to 1 1/4c carry. July/Nov beans trades from 3 1/2c out to 6 1/4c. May wheat/corn trades from 1.35c to 1.37 1/4c. PALM OIL May down 74 ringgits at 2,450 ringgit/mt. Cash traded lower at $27.50/mt. Ahead of the monthly Malaysian palm oil board data on March 10, estimates are for stockpiles to be down 1.4% from Jan numbers, with production in Feb higher at 1.28 mmt, up 9.8%. NEWS Equities are still weak with a s...
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.