SPREADS October crush pops up to 84.27c/bu while oilshare trades firmer to 35.66%. Dec/March corn trades into 10 3/4c from 11c, while Dec/Dec trades from 24c to 25 1/4c. Dec/March wheat trades from 7-8c. Dec wheat/corn trades from 1.95c down to 1.91c. Dec/March meal trades into $1.40 from $1.90. PALM OIL Nov up 59 ringgits. NEWS The stock market is up 121 pts with the US dollar falling to new lows at $92.19. Energy prices are slightly weaker trading down to $42.75/barrel. CALLS Calls today are as follows: beans: 4-6 higher meal: 2.20-2.60 higher soyoil: 3-5 lower corn: 1/2 lower wheat: 1 lower canola: 1.10-1.50 lower BUSINESS USDA reports 324,...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.