SPREADS Today is day 5 of the Goldman Roll. July corn, meal, soyoil, wheat and bean futures now have higher open interest than in May contracts, as futures are rolled forward. July corn open interest now stands as the highest at 606,557, (May corn at 425,396 contracts). July bean open interest is at 285,144 contracts, vs. May at 210,310 and Nov at 220,957. July products and wheat open interest now also carry most contracts. July crush trades. to 54.94c/bu while oilshare trades to 39.10%. July/Nov bean inverse weakens to 1.32c from 1.34 3/4c, with May/July trading from 4 3/4c up to 7c. July/Dec corn inverse trades from 58 1/4c to 65 3/4c, while May/July firms to 14 1/4c from 13 1/2c. May/Jul...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.