SPREADS October crush trades to 1.02c with oilshare steady at 46.30%. Sep/Dec corn widens out to 5 1/4c from 4 3/4c as traders continue to liquidate or roll Sep. Dec/March corn trades from 7 1/4c carry to 7 3/4c. Sep/Dec wheat trades out to 13 1/2c / 14 1/4c carry. The Dec wheat/corn spread trades down to 1.84 1/2c after trading as high as 2.06c, currently at 1.86 3/4. Sep/Nov beans trade from 7 3/4c inverse to 7 1/4c. Sep/Dec meal carry widens out to $3.10 from $2.90. PALM OIL Oct. down 105 ringgits at 4,303 ringgit/mt. NEWS Stocks started the night session lower but traded both sides by midday. Crude trades up to $66.73/barrel, and the US dollar down to 93.05...
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.