World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Bears Win as CBOT Emerges from Post-WASDE Weekend

The CBOT emerged from the post-WASDE weekend with bears gaining the upper hand in a relatively light news day. Wheat was the big loser for the day as profit taking developed when futures neared the $6.00 mark that kicked values sharply lower. Corn and soybeans were in the red for the day as well as traders focused on the upcoming U.S. and Northern Hemisphere harvests and ignored – for now – the weather challenges in South America. Funds were net sellers for the day – most notably in wheat – and markets seem positioned to see a week of mostly sideways, consolidative trade.  The August soybean crush came in at 158 Mbu per the latest NOPA report, which was well below analysts’ expectations of 171.325 Mbu. So...

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feed-grains soy-oilseeds wheat

Market Commentary: Export Chatter Lifts Soymeal, Soybeans; Weather Worries Boost Wheat

The CBOT renewed its early-week strength at mid-week and turned higher with soybeans and soymeal in the lead. Fresh news was light for the day, but markets responded positively to rumors of export business getting done for soybeans and soymeal, with wheat gaining on an increasingly warm and les...

Policy Potpourri

Meat Can’t Be Beat: As if the protein craze needed any help, the Trump Administration’s new Dietary Guidelines for Americans urges consumers to “prioritize protein at every meal.” It also recommends full fat dairy while limiting sugar and highly processed foods. The emph...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4675/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0.075 from yesterday's close.  Mar 26 Soybeans closed at $10.67/bushel, up $0.1075 from yesterday's close.  Mar 26 Soymeal closed at $305.4/short ton, up $5.9 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Export Chatter Lifts Soymeal, Soybeans; Weather Worries Boost Wheat

The CBOT renewed its early-week strength at mid-week and turned higher with soybeans and soymeal in the lead. Fresh news was light for the day, but markets responded positively to rumors of export business getting done for soybeans and soymeal, with wheat gaining on an increasingly warm and les...

Policy Potpourri

Meat Can’t Be Beat: As if the protein craze needed any help, the Trump Administration’s new Dietary Guidelines for Americans urges consumers to “prioritize protein at every meal.” It also recommends full fat dairy while limiting sugar and highly processed foods. The emph...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4675/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0.075 from yesterday's close.  Mar 26 Soybeans closed at $10.67/bushel, up $0.1075 from yesterday's close.  Mar 26 Soymeal closed at $305.4/short ton, up $5.9 from y...

FOB Prices and Freight Rates App (Updated 7 January)

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”...

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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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