World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Out of Steam

It was mostly a turnaround day as risk is priced in as much as desired and there were some bearish indicators: South America is getting moisture and has become competitive. Ukraine may still produce some grain. HRW got some needed rains. Export sales were generally underwhelming. This does not mean that the run-up in prices is over. Food is still a hot investment given tight global stocks, high priced fertilizer, and the chance of lower production. Deferred contract prices are lower but less so for wheat and corn than for soybeans. By contrast, deferred values in the livestock complex are higher as meat looks to become more precious.  Over the past five trading sessions, soybeans remain higher, but corn and wheat have both sh...

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feed-grains soy-oilseeds wheat

Market Commentary: Export Demand Steadies Corn; Soybeans Fall with Midwest Rain

The CBOT showed mixed trends across its major ag markets on Wednesday with corn and KC wheat finding some short covering that stabilized values and led to small gains. A big part of the stability that came to corn futures was from a flood of export interest that has recently entered the market...

Friday’s Tariffs; China and Europe; MAHA Outlook

Friday’s Tariffs Brazil and India are two of the bigger countries facing President Trump’s tariff escalation this Friday, and both will receive extra punishment. U.S. tariffs on Brazil will be 50 percent as extra was added due to Mr. Trump’s opposition to the judicial treatmen...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1225/bushel, up $0.0125 from yesterday's close.  Sep 25 Wheat closed at $5.2375/bushel, down $0.06 from yesterday's close.  Nov 25 Soybeans closed at $9.9575/bushel, down $0.1375 from yesterday's close.  Dec 25 Soymeal closed at $274.5/short ton, down $2...

feed-grains soy-oilseeds wheat

Market Commentary: Export Demand Steadies Corn; Soybeans Fall with Midwest Rain

The CBOT showed mixed trends across its major ag markets on Wednesday with corn and KC wheat finding some short covering that stabilized values and led to small gains. A big part of the stability that came to corn futures was from a flood of export interest that has recently entered the market...

Friday’s Tariffs; China and Europe; MAHA Outlook

Friday’s Tariffs Brazil and India are two of the bigger countries facing President Trump’s tariff escalation this Friday, and both will receive extra punishment. U.S. tariffs on Brazil will be 50 percent as extra was added due to Mr. Trump’s opposition to the judicial treatmen...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1225/bushel, up $0.0125 from yesterday's close.  Sep 25 Wheat closed at $5.2375/bushel, down $0.06 from yesterday's close.  Nov 25 Soybeans closed at $9.9575/bushel, down $0.1375 from yesterday's close.  Dec 25 Soymeal closed at $274.5/short ton, down $2...

FOB Prices and Freight Rates App (Updated 30 July)

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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