GOOD MORNING, Prices started the session lower as the rainfall prospects across the Plains forecast for this weekend trumped the 10th day of active bean business announcements. Farmers need to see one or two more good rains to finish off crops and are monitoring this system closely. Spreads are slightly weaker as we draw ever closer to harvest. A weakening domestic bean basis weighs on the spreads and futures. Corn struggles as traders want to see evidence of more business. Wheat prices are lower with Egypt buying from Romania and Ukraine yesterday. Egypt tenders for 30,000 mt of soyoil. High quality wheat remains in big demand. Once again weaker soyoil futures pressured beans, a...
What You Need to Know Today: Record biofuel demand continues to support soyoil values, as EIA data show that May soyoil usage as a biofuel feedstock reached a record 1.434 billion pounds. The latest data reinforces the strength of renewable fuel demand and helps explain ongoing investment in a...
A bipartisan group of 26 lawmakers, led by Representative David Valadao (R-CA), sent a letter to House Speaker Mike Johnson (R-Louisiana) and House Agriculture Committee Chair GT Thompson (R-Pennsylvania) requesting that $5 billion of the temporary economic assistance for farmers go toward spec...
Key Takeaways: Soyoil consumption as a biofuel feedstock climbed to a record 1.434 billion pounds in May, setting a new all-time monthly high. Improved 45Z policy clarity in February 2026 has supported stronger soyoil demand from the biofuel sector by providing producers with greater certainty...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.