SPREADS Sep. crush trades to 1.27c/bu while oilshare trades to 47.79%. August /Nov bean inverse rallies to 71c before giving up some of its gains. Rumors of export business continue, and is playing out in the spread strength? Sep/Nov inverse is trading from 9 1/2c to 8 1/2c. The Sep/Dec corn inverse trades to even, appearing ready to move to a carry. Dec/March corn trades from 7 1/2c to 7 3/4c. Sep/Dec wheat carry trades from 8 1/4c to 9c, and was at 10c lows this week. Dec wheat/corn trades from 1.50 1/2c, but appears on the doorstep from a chart perspective of adding further gains with an upside target at 1.80c. The Nov bean/Dec corn ratio suggests that beans should continue to gain o...
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.