SPREADS July crush falls lower to 47.88c/bu while oilshare trades to 38.47% from values that were over 40%. July/Nov bean inverse is softer, closing on the low of 1.78 1/4c from 1.84 3/4c. May/July bean inverse trades from 9 1/2c to close at 8 1/2c. July/Dec corn trades from 70 1/2c inverse to close at 66 1/2c. May/July corn trades from 17c to close on its low of 15 3/4c. July/Dec meal closes on its inverse low of $28.90 from $31.90. PALM OIL June up 60 ringgits to end at 3.752 ringgit/mt. NEWS Stocks are 157 pts lower with the US dollar firming to 92.93, and crude oil prices back to $61.77/barrel. CALLS Calls are as follows: beans: 3-4 lower meal: 4.00-4.40 lower soyoil:  ...
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.