World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Export Sales, Weather Mix the Markets

Wheat was the ball and chain while corn was the balloon in today’s trading. The weekly USDA Export Sales report from USDA was notable for wheat with washouts in old crop sales leading to a marketing year low, but new crop sales going blockbuster as Guatemala, Mexico and Panama all sought coverage. There may some issue with recent Panama numbers. Corn was a bright spot with old crop sales higher and exports above the prior four-week average. Corn sales are up 25 percent over the prior year, but actual exports will be watched in upcoming weeks for any undermining by South America. From there it was downhill for the soy complex, beef and pork, the latter hitting its marketing year low. 

  While wheat traded lower, it continu...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Stable Policy, Conditional Demand, Weather Emerging as the Next Risk

Key Market Developments While tariffs were not addressed directly in the State of the Union, trade policy remains steady. Reports during today’s session confirmed that U.S. tariffs on China will remain in the 35 percent–50 percent range, signaling limited escalation ahead of upcomin...

Policy Roundup

Fuzzy Math Among President Trump’s various assertions in last night’s State of the Union address was that tariffs would someday replace the income tax, but that is a mathematical impossibility. The value of imported goods is around $3 trillion, and the income tax generates nearly $5...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.42/bushel, up $0.035 from yesterday's close.  May 26 Wheat closed at $5.6975/bushel, down $0.035 from yesterday's close.  May 26 Soybeans closed at $11.65/bushel, up $0.0975 from yesterday's close.  May 26 Soymeal closed at $321.8/short ton, up $7.4 from...

feed-grains soy-oilseeds wheat

Market Commentary: Stable Policy, Conditional Demand, Weather Emerging as the Next Risk

Key Market Developments While tariffs were not addressed directly in the State of the Union, trade policy remains steady. Reports during today’s session confirmed that U.S. tariffs on China will remain in the 35 percent–50 percent range, signaling limited escalation ahead of upcomin...

Policy Roundup

Fuzzy Math Among President Trump’s various assertions in last night’s State of the Union address was that tariffs would someday replace the income tax, but that is a mathematical impossibility. The value of imported goods is around $3 trillion, and the income tax generates nearly $5...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.42/bushel, up $0.035 from yesterday's close.  May 26 Wheat closed at $5.6975/bushel, down $0.035 from yesterday's close.  May 26 Soybeans closed at $11.65/bushel, up $0.0975 from yesterday's close.  May 26 Soymeal closed at $321.8/short ton, up $7.4 from...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  On 20 February, Germany confirmed its first case of Newcastle disease in 18 years, after a commercial turkey flock in Neißemünde was found to be infected. Separately, Poland had two new flocks confirmed as being infected with the disease, as the country continues...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up