SPREADS Sep. crush trades 1.30c/bu while oilshare trades to 47.0%. Sep/Dec corn trades out to 1 1/2c carry from 1/2c, while Dec/March trades out to 8c carry from 7 3/4c. Sep/Dec wheat trades back out to 10c from 9 1/2c. Aug/Nov beans trades from 66c to 70c, while Sep/Nov inverse trades from 3 1/4c to 2c. Sep/Dec meal trades from $2.80 to $3.60. Dec wheat/corn trades from 1.73c to 1.80c. PALM OIL Oct. up 24 ringgits to 4,144 ringgit/mt. NEWS Stocks are higher up 80 pts with crude oil prices breaking to $69.46/barrel, and the US dollar trending lower to 91.89. DELIVERIES August contracts: soyoil: 1 Stonex puts out 1 and stops 1 meal: 94 scattered stopping CALLS...
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
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.