SPREADS May crush trades top 1.01c/bu, while oilshare is firmer at 32.41% as soyoil gains this morning. March / May corn trades to a 1c inverse, ctr highs on the lack of corn deliveries. July/Dec corn firms to 1/4 to 1c carry. March/May wheat trades at a 3c carry. May wheat/corn trades from 1.56c to 1.45c. July/Nov beans trades from 5 1/4c to 6 1/4c, continuing to strengthen. March/May meal firms to $4.80 from $6.20. PALM OIL May up 123 ringgits higher, with cash up $17.50/mt. NEWS Equities continues to bounce today, taking back major losses from yesterday, up over 600 pts. Commodities are firmer with crude back to $48.22/barrel highs, and the US dollar firmer at 97.11.&...
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.
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...