SPREADS Sep. crush trades to 1.24c/bu while oilshare trades to 46.48%. Sep/Dec corn spread finds little direction, trading from 2 1/2c to 1c inverse, while Dec/March narrows into 7 3/4c from 8c. Sep/Dec wheat widens out to 13 1/4c from 12 1/2c. Dec wheat/corn trades from 1.75c to 1.79c. August/Nov bean inverse trades from 73c to 74 1/2c, while Sep/Nov inverse trades higher to 8 3/4c from 7 1/4c. PALM OIL October palm closed up 66 ringgits/mt at 4.285 ringgit/mt. NEWS Stocks are 95 pts higher with crude oil prices heading back over $70/barrel, and the US dollar trading up to 92.63. CALLS Calls are as follows: beans: 4-6 higher meal: .80 - 1.00 higher soy...
What You Need to Know Today: Record biofuel demand continues to support soyoil values, as EIA data show that May soyoil usage as a biofuel feedstock reached a record 1.434 billion pounds. The latest data reinforces the strength of renewable fuel demand and helps explain ongoing investment in a...
A bipartisan group of 26 lawmakers, led by Representative David Valadao (R-CA), sent a letter to House Speaker Mike Johnson (R-Louisiana) and House Agriculture Committee Chair GT Thompson (R-Pennsylvania) requesting that $5 billion of the temporary economic assistance for farmers go toward spec...
Key Takeaways: Soyoil consumption as a biofuel feedstock climbed to a record 1.434 billion pounds in May, setting a new all-time monthly high. Improved 45Z policy clarity in February 2026 has supported stronger soyoil demand from the biofuel sector by providing producers with greater certainty...
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.