SPREADS Sep crush trades to 96c/bu while oilshare is higher again at 31.82%. The Dec/Dec corn inverse trades down to 8c from 11 3/4c. Sep/Dec corn trades out to 10 1/2c from 10c as September contracts are rolled to Dec or liquidated. Dec/March corn trades from 9 1/2c to 10c. Sep/Nov beans trades from 12c to 12 1/2c. Sep wheat/corn trades from 86 3/4c to 80 1/2c. PALM OIL - Malaysian Trade Ministry officials suggested the gov. is looking to start B20 biodiesel blending program starting in 2020, then upping the blend rate to B30 by 2025. Indonesia's Trade Ministry kept its crude palm oil export tax rate for August at zero percent. Malaysian cash offers for RBD palm oil close...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
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...