World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - WASDE a Reference, Not the Bible

GOOD MORNING, The bulls continue to roll on with more strength overnight emanating from a strong close and reversal from Monday's weakness that more or less aided in defining trading range lows.  The May Supply and Demand report will be released at 11:00 central time.  The reaction to the report will be as important as the numbers considering the funds purchased into the numbers on this week's correction.  Managed funds are going into the report record long corn and beans.  This report will include the first estimates of 21/22 supply and demand.   Beans led the rally after spending much of last month in a wide trading range, now gaining on corn. A continuing strong US cash basis helped to rally prices from ov...

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FOB Prices and Freight Rates App (Updated 29 October)

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.32/bushel, up $0.0325 from yesterday's close.  Dec 25 Wheat closed at $5.29/bushel, up $0.03 from yesterday's close.  Jan 26 Soybeans closed at $10.9525/bushel, up $0.1025 from yesterday's close.  Dec 25 Soymeal closed at $306.5/short ton, up $8.3 from ye...

FOB Prices and Freight Rates App (Updated 29 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Extend Trade-Deal Rally; Cattle Pullback Continues

The CBOT saw continued support and speculative buying from hopes for the upcoming U.S.-China Presidential meeting in South Korea on Thursday and from the recent trade deals with Japan, Vietnam, Thailand, and Malaysia. The price-depressive effects of the 2025 trade war(s) need no introduction fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.32/bushel, up $0.0325 from yesterday's close.  Dec 25 Wheat closed at $5.29/bushel, up $0.03 from yesterday's close.  Jan 26 Soybeans closed at $10.9525/bushel, up $0.1025 from yesterday's close.  Dec 25 Soymeal closed at $306.5/short ton, up $8.3 from ye...

Missed Opportunity; Bad Beef Math

Missed Opportunity President Trump shut down trade negotiations and said he would add 10 percent more tariffs on Canadian goods in retaliation for a pro-free trade advertisement in Ontario. Ontario Premier Doug Ford is bragging that the ad was effective and chortles over the ad getting under Tr...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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