SPREADS March crush trades to 84.89c/bu while oilshare trades to 33.27%. Corn spreads are slightly weaker with July/Dec trading down to 48 1/4c from 54 1/4c. March/May wheat trades from 1/2c carry to 1 1/2c. March wheat/corn trades from 1.52 1/2 down through 1.50c to a low of 1.48c. March/May beans trades from 1 1/2c inverse to 1c, while March/May meal trades from $5.00 inverse to $3.00. The July/Nov bean inverse trades from 1.96c down to 1.84 1/2c. PALM OIL March down 60 ringgits. An oilseed analyst speaking at a webinar stated that while palm oil prices will stay high in Q1 2021, they may fall sharply in the later half as plantings pick up. NEWS Stocks are up 120 pts with crude oi...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
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.