SPREADS August crush trades up to 86c/bu while oilshare trades to 47.74%. August /Nov bean inverse strengthens to 68 3/4c from 61 1/2c while Sep/Nov trades from 9 3/4c from 8c. Sep/Dec corn inverse is mixed trading down to 9c from 10 1/4c, while Dec/March carry trades from 7 3/4c to 8c. Sep/Dec meal trades from $2.00 to $3.40 carry. Sep/Dec wheat trades from 8 1/4c to 9c carry. Dec wheat / corn trades from 1.10 3/4c down to 1.04c. PALM OIL Sep. up 45 ringgits to close at 4,022 ringgit/mt. Indonesian Palm Oil monthly report forecast May exports at 2.95 mmt, up 21.6% from year ago and up 12% from April on strong demand from China and India. NEWS Stocks are 90 pts higher with cru...
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.
Key Market Insights Macros: Inflation isn’t cooling — it’s moving higher again. March PCE inflation (Personal Consumption Expenditures index — the Fed’s preferred measure of inflation) rose 0.7 percent month-over-month, pushing the annual rate to 3.5 percent, the h...
An amendment to the U.S. House farm bill, aiming to remove the Save Our Bacon Act language in Section 12006 that would have stripped language to prohibit California’s Proposition 12, Massachusetts’ Question 3, and up to 500 state agricultural laws across the country, was blocked by...
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscr...