SPREADS March crush trades to 68c/bu while oilshare bounces again to 32.60% from values that were at 31.0% on the lows. May/July corn places a new contract high at 5 1/2c while July/Dec bounces up to 74c from 70 1/2c, and the break this week which took the inverse down to 63c. March/May wheat trades from 1/2c to 3/4c carry. March wheat/corn trades from 1.44 1/4c down to 1.41c. July/Nov beans trades from 1.80 1/2c up to 1.89c in recovery trade for the inverse. March/May trades from 2 3/4c inverse down to 2 1/4c. PALM OIL April closes up 62 ringgits. Palm oil follows soyoil higher. Bargain hunting by cash market hedgers was in play for the bounce. NEWS Stocks are up...
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.