World Perspectives
biofuel energy

Ethanol Snapshot

One month ago today, the EPA sent its proposed rule for the 2019 Required Volume Obligations (RVOs) for biofuel use to the Office of Management and Budget (OMB) for a final sign-off. The OMB review is the last step before the RVO rule is published in the Federal Register for public comment. OMB anticipates that it will be published this month and the volumes finalized by December, which is later than the statutory deadline of 30 November. The upcoming RVO rule is highly anticipated to see if it contains any reforms targeted at lowering the price of Renewable Identification Numbers (RINs), which a series of small refinery waivers issued by the EPA has temporarily done and a proposed year-round approval for E15 is projected to do. Meanwhile,...

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feed-grains soy-oilseeds wheat

Market Commentary: Export Sales Fail to Excite Soybeans; Corn, Wheat Down on Technical Trade

The CBOT traded mostly lower on Tuesday with funds remaining dedicated sellers. The motivation for their selling stems partially from pre-holiday risk-off trading and partially from the technical weakness enveloping the charts. Corn was the downside leader for the second straight day, though ob...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.405/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.1075/bushel, down $0.0225 from yesterday's close.  Mar 26 Soybeans closed at $10.6225/bushel, down $0.0125 from yesterday's close.  Mar 26 Soymeal closed at $302.3/short ton, down...

feed-grains soy-oilseeds wheat

China Market Analysis

Grain Utilization Grain market prices have been cooling of late due to the prospects of a large South American crop, but China is also cited as an influence. Sinograin has been auctioning soybeans and it may also be releasing some of its reserves of corn into the market. Corn and wheat are bein...

feed-grains soy-oilseeds wheat

Market Commentary: Export Sales Fail to Excite Soybeans; Corn, Wheat Down on Technical Trade

The CBOT traded mostly lower on Tuesday with funds remaining dedicated sellers. The motivation for their selling stems partially from pre-holiday risk-off trading and partially from the technical weakness enveloping the charts. Corn was the downside leader for the second straight day, though ob...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.405/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.1075/bushel, down $0.0225 from yesterday's close.  Mar 26 Soybeans closed at $10.6225/bushel, down $0.0125 from yesterday's close.  Mar 26 Soymeal closed at $302.3/short ton, down...

feed-grains soy-oilseeds wheat

China Market Analysis

Grain Utilization Grain market prices have been cooling of late due to the prospects of a large South American crop, but China is also cited as an influence. Sinograin has been auctioning soybeans and it may also be releasing some of its reserves of corn into the market. Corn and wheat are bein...

feed-grains soy-oilseeds wheat

Market Commentary: South American Weather, Profit Tanking Sink CBOT

Grains and oilseeds nearly all traded lower to start the week with profit taking driving most of the action as the CBOT enters another holiday-shortened week. The only market to finish higher was soyoil, where a geopolitical tension driving bounce in crude oil helped support the vegoil. Improve...

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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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