World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies

The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where funds are currently heavily short and where they are really hoping momentum will increase in the short term. The strength in wheat helped pull corn higher for the day as well, and Monday’s strong export data from USDA didn’t hurt the corn market either. The entire soy complex turned higher on short covering and some bottom-picking in soymeal and with funds reluctant to be bearish the market with a possible extension of the 45Z tax credit...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close.  Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close.  Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close.  Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...

Crunch Time; Miscellaneous

Crunch Time The “Big Beautiful Bill” providing the tax cut extensions sought by President Trump is supposed to be passed by the U.S. House by Memorial Day. The President told House Republicans today that they should not cut Medicaid, and they should not raise the cap on deducting st...

livestock

Red Meat Exports

In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close.  Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close.  Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close.  Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...

Crunch Time; Miscellaneous

Crunch Time The “Big Beautiful Bill” providing the tax cut extensions sought by President Trump is supposed to be passed by the U.S. House by Memorial Day. The President told House Republicans today that they should not cut Medicaid, and they should not raise the cap on deducting st...

livestock

Red Meat Exports

In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...

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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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