World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: China Buying and Soymeal Demand Sends Soy Complex, Corn Higher

The CBOT was mostly higher to start the week with sharp rallies in soymeal and soybeans creating spillover buying for the rest of the grain markets. Funds were active buyers in both markets with strong spot demand for soymeal driving that market’s rally while soybeans rallied on Chinese buying and more poor weather for Brazil. Corn futures posted bullish days on the charts with the soybean rally and concerns for the Brazilian safrinha crop further extending the rally. Wheat futures had the most benign day as there was nothing fundamentally of interest for them, but they pushed higher amid the widespread buying. As WPI has noted repeatedly recently, CBOT futures are increasingly focused on U.S. export trends and the South American weat...

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feed-grains soy-oilseeds wheat

Market Commentary: Momentum is Stalled Pending WASDE

After yesterday’s baseless bounce, today’s trading involved some retracement on a lack of fresh inputs. There was yet another flash corn export sale this morning, but higher volume sent corn futures lower. It was an unforgiving day, and the market is in a holding pattern until USDA&...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.055/bushel, down $0.015 from yesterday's close.  Sep 25 Wheat closed at $5.145/bushel, down $0.0375 from yesterday's close.  Nov 25 Soybeans closed at $9.875/bushel, down $0.0625 from yesterday's close.  Dec 25 Soymeal closed at $285.2/short ton, up $0 fr...

soy-oilseeds

Dicamba Registration Re-Proposed

On 23 July, the Environmental Protection Agency (EPA) announced that three formulations of the pesticide dicamba would be open to a 30-day comment period to re-register dicamba for use as over-the-top (OTT) use on dicamba-tolerant crops, namely cotton and soybeans.  Previously, a federal d...

feed-grains soy-oilseeds wheat

Market Commentary: Momentum is Stalled Pending WASDE

After yesterday’s baseless bounce, today’s trading involved some retracement on a lack of fresh inputs. There was yet another flash corn export sale this morning, but higher volume sent corn futures lower. It was an unforgiving day, and the market is in a holding pattern until USDA&...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.055/bushel, down $0.015 from yesterday's close.  Sep 25 Wheat closed at $5.145/bushel, down $0.0375 from yesterday's close.  Nov 25 Soybeans closed at $9.875/bushel, down $0.0625 from yesterday's close.  Dec 25 Soymeal closed at $285.2/short ton, up $0 fr...

soy-oilseeds

Dicamba Registration Re-Proposed

On 23 July, the Environmental Protection Agency (EPA) announced that three formulations of the pesticide dicamba would be open to a 30-day comment period to re-register dicamba for use as over-the-top (OTT) use on dicamba-tolerant crops, namely cotton and soybeans.  Previously, a federal d...

feed-grains soy-oilseeds wheat

Market Commentary: A Bounce but Fundamentals Unchanged

Unlike in previous days, commodity futures opened higher today and sustained upward momentum. There was some short covering and some correction from over-sold but it is unlikely the market has found a seasonal bottom. There is good demand, but there is also the potential for record crops. Next...

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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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