World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Small Rebound

The trading session opened kind of sluggish, not even meeting the overnight closes. There was uncertainty in grains and oilseeds, though not in livestock since it opened lower. Soybeans surged first, with corn following and wheat getting the hint about two hours into the day. The market remains down overall for the week, but today’s higher closes helped soften the past few days of losses, particularly for soybeans.  The dour tone that was set early in the week included crop conditions holding up better than expected, Ukraine finally exporting grain, and U.S. House Speaker Nancy Pelosi poking number one buyer China in the eye. It all seemed ominous. Funds have been exiting. But the weather still holds risk. There are still 17 s...

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong gains for the day. The reasoning for each market’s rally was unique, but there were commonalities between all. For grains, the biggest common factor was short covering an...

Vietnam Deal; EU Green Targets

Vietnam Deal As the 9 July deadline approaches, a second trade deal was announced by President Trump. He says the U.S. will apply a 20 percent tariff on imports from Vietnam (versus 46 percent reciprocal), and 40 percent if the product was transshipped. The duty could vary based on domestic con...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong gains for the day. The reasoning for each market’s rally was unique, but there were commonalities between all. For grains, the biggest common factor was short covering an...

Vietnam Deal; EU Green Targets

Vietnam Deal As the 9 July deadline approaches, a second trade deal was announced by President Trump. He says the U.S. will apply a 20 percent tariff on imports from Vietnam (versus 46 percent reciprocal), and 40 percent if the product was transshipped. The duty could vary based on domestic con...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

FOB Prices and Freight Rates App (Updated 2 July)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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