SPREADS May crush trades to 83c/bu while oilshare trades at 40.10%. July crush trades 73c while oilshare trades to 39.49%. Nearby corn spreads are firmer, with May/July at 11 1/2c inverse to 13 1/4c, while July/Dec trades from 59 3/4c up to 65 3/4c. July/Nov bean inverse trades from 1.66 3/4c to 1.68 1/2c, while May/July trades from 9 3/4c to 10 1/4c. July/Dec meal trades from $35.80 inverse down to $34.70. May wheat/corn trades from 93 1/2c down to 85 3/4c. PALM OIL May palm oil down 120 ringgits, closing at 3,900 ringgit/mt. Cash offers down $15.00/mt. NEWS Stocks are down 30 pts with the feature of the morning that of weaker crude which trades to $63.97/barrel. The US dollar trades down to $...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.