SPREADS May crush trades up to 78c/bu while oilshare trades 40.42%, and vs. values that were 35.0% weeks ago. July/Nov bean inverse softens to 1.55c from 1.59 1/2c, while May/July trades from 13c to 11 1/4c. July/Dec meal trades down to $29.10 inverse, a new low, from $30.40. July/Dec corn inverse trades to 42c but appears to find support and a trading range high of 45c. May/July corn trades from 9 1/2c to 10 1/2c. May/July wheat inverse trades from 5 1/2c to 7 1/4c. May wheat/corn trades from 1.04c to 1.10 1/2c. PALM OIL May up 66 ringgits at 4,126 ringgit/mt. NEWS Stocks are up 50 pts with tech stocks trading lower. The US dollar trades up to 91.95 while crude trades down to $65.4...
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.