World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 10-16, 2023   Wheat:  Net sales of 125,600 metric tons (MT) for 2022/2023 were down 63 percent from the previous week and 59 percent from the prior 4-week average. Export shipments of 361,600 MT were up 44 percent from the previous week, but down 8 percent from the prior 4-week average.  Corn:  Net sales of 3,095,900 MT for 2022/2023--a marketing-year high--were up noticeably from the previous week and from the prior 4-week average. Export shipments of 1,381,300 MT--a marketing-year high--were up 23 percent from the previous week and 57 percent from the prior 4-week average.  Soybeans:  Net sales of 152,500 MT for 2022/2023 were down 77 percent from the previous week...

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Beans to Storage China is carrying out its annual purge of stored soybeans, selling them at around a half million tons per week over two months at auction. The amount of market discount depends more on quality, which is better than a few years ago when the need for stock rotation was newly appr...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.365/bushel, down $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.095/bushel, down $0.1125 from yesterday's close.  Jan 26 Soybeans closed at $10.6275/bushel, down $0.09 from yesterday's close.  Jan 26 Soymeal closed at $302.4/short ton, down $1...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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