SPREADS Jan crush trades up to 96.65c/bu while oilshare works down to 33.45%. Dec/March corn spread remains firm at 8 1/2c from 8 3/4c, while Dec 19/Dec 20 trades from 21 3/4c to 22 1/2c. Dec/March meal trades from $5.10 to $5.50. Dec/March wheat firms into 4 1/4c from 4 3/4c. Jan/March beans trade from 13c to 13 1/2c. PALM OIL Jan up 23 ringgits on a slight raise in the Nov 1-15 export picture (rumors that exports could be down 5-6% now down only 3%), and SPPOMA production estimates that suggest production could be down 11%. NEWS The Dow is off 43 pts this morning with crude up to $57.79/barrel and the US dollar firmer at 98.42. CALLS Calls today are as follows:...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.