SPREADS July crush trades at 85.55c/bu while oilshare weakens to 32.15%. July/Nov beans trades from 7 1/2c out to 8 1/4c. July/Sep corn trades into 4 1/4c from 4 3/4c, while July/Dec trades back out to 14c from 12 3/4c. July wheat/corn trades from 1.78 1/4c up to 1.83c. July/Dec meal trades from $7.40 out to $7.90. PALM OIL August was down 21 ringgits, or 1% after hitting a near 1-month high Tues, trading down to 2,159 ringgits. The drop in price was noted as long liquidation in front of the long public holiday with the Malaysian Bourse closed May 25-26. Pullbacks should see support as Indian buyers resumed purchases of palm oil after a 4-month gap. NEWS Stocks are up 290 pts with c...
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.