SPREADS Dec crush trades up to 1.00c/bu while oilshare trades to 45.98%. Spreads trade from 7 1/2c to 7 3/4c for Dec/March, while Dec 21/22 inverse trades from a low of 19 3/4c to 22 1/2c. Dec /March wheat widens out to 12c from 11 1/2c. Dec wheat/corn trades down to 1.79 1/2c from 1.84 1/4c. Nov/Jan bean carry trades from 9 3/4c to 10c, while the Nov 21/22 inverse trades from 28c down to 26 1/2c. PALM OIL Malaysian palm oil cash offers were lower for RBD palm oil, down $5.00. NEWS Stocks are down 108 pts while crude oil trades to a new ctr high. CALLS Calls are as follows: beans: 5-7 lower meal: .80-1.00 lower soyoil: 30-50 lower corn: 1-1 1/2 lower wheat: 1-1 1/...
What You Need to Know Today: The latest EIA Short-Term Energy Outlook forecast 2027 U.S. WTI crude oil at $65.39/brl, up about $5 from the prior forecast. President Trump late Monday claimed the U.S. has swept the entire Strait of Hormuz (SOH) for sea mines. Iran’s security council said...
Key Takeaways: Soymeal with 44 percent protein generally contains more soybean hulls and fiber, while 48 percent soymeal is more extensively dehulled, resulting in higher protein concentration and lower fiber. CBOT soymeal futures were lowered from a 48 percent to 47.5 percent protein specific...
The trade deficit contracted slightly to $73.3 billion in June, a break from the volatility that has underscored international trade over the past year. Despite the small change, there was plenty of activity behind the scenes: imports fell $7.3 billion, led by crude oil, reflecting cheaper crud...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.