SPREADS August crush trades to 77c/bu while oilshare trades to 44.83%. Bean bull spreads are firmer with Jly/Nov trading up to 1.69c from 1.61c. July/Dec meal trades down to $1.20 inverse from $2.80, slide into carry? Sep/Dec corn trades from 28c to 26c, while July/Dec trades from 1.11 3/4c from 1.05c. July wheat/corn trades from 29 1/2c down to 26 3/4c. PALM OIL Closed for holiday. NEWS The Dow is up 50 pts with crude trading to $65.25/barrel, and the US dollar trading up to 89.58. CALLS Calls are as follows: beans: 3-5 lower meal: 2.40-2.80 lower soyoil: 3-5 lower corn: mixed, but July corn up 2 1/2-3 wheat: 4-6 lower canola: 5.80-6.00 l...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.