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...
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...
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.