SPREADS August crush trades to 96c/bu while oilshare trades t. 443.39%. July oilshare trades to 45.67%. July/Nov beans traded from 1.90 3/4c to 1.95c. July/Dec meal inverse trades down to $14.30 from $15.90. July/Dec corn inverse firm to 1.19 3/4c from 1.14c, while Sep/Dec inverse traded from 30 1/4c to 28c. July wheat/corn trades from 48 1/2c to 41 1/4c. PALM OIL August up 123 ringgit/mt or 2.31% to 4,455 ringgits. Malaysian futures rebounded as estimates of lower April production fueled concerns over edible tight supply. NEWS Stocks are up 53 pts as crude oil trades to $67.01/barrel as more countries reopen and rebound from the pandemic. The US dollar slides to new lows of 89.75...
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.