SPREADS July crush trades at 69.52c /bu while oilshare trades down to 40.99%. Spreads remain firm with July/NOv inverse from 1.84 1/2c down to 1.72 3/4c. May/July beans inverts to a 26c higher from 23 3/4c. July/Dec meal trades from $19.70 down to $19.50, while May/July trades from $3.90 carry into $3.00. May/July wheat trades from 1/2c to 2c carry. July /Dec corn firms to 90 1/4c from lows of 83 1/4c. July wheat/corn trades from 80c to 87 1/2c. PALM OIL July crude traded down 33 ringgits/mt. SGS on Monday forecast exports for April 1-25 at 1.116 mmt vs. 1.014 mmt prev. NEWS Stocks are 45 pts higher with crude oil trading mixed just above $60/barrel. Concerns continue over rising co...
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.