World Perspectives
soy-oilseeds

Oilseed Highlights – WASDE Strengthens the Floor

The Market Today’s USDA August WASDE was bullish because it showed fewer soybeans, and the market reacted by shaving almost 1 percent off the November futures contract and making it an almost 2 percent reduction in soybean prices for the week. But after brutal weather in July, it was an expected story.  Predicting what numbers USDA would put into its August WASDE was deemed a challenge, and it was. Few in the trade expected a yield increase and, based on the experience of the past several years, there was a good chance that expectations for yield and output would be below the USDA number. Reuter’s analyst Karen Braun did her own survey of readers and found more expecting a number that would be to the higher side of estima...

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feed-grains soy-oilseeds wheat

Market Commentary: SCOTUS Ruling, South America Weather Send CBOT Lower

The CBOT turned lower on Monday, with the back-and-forth action of the Supreme Court and President Trump regarding tariffs on foreign imports driving volatility. For the ag markets, the biggest impact of the SCOTUS ruling seems to be doubts that China will adhere to its soybean purchase plan, a...

Tariff Confusion Fun; Practical Judgements and Threats to Food; Glypho Confusion; Food Inflation

Tariff Confusion Fun Reactions to the U.S. Supreme Court’s ruling that general use of tariffs is not within the President’s authority under the International Emergency Economic Powers Act (IEEPA) have been wildly diverse. Mass media headlines initially celebrated the “smack do...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, up $0 from yesterday's close.  May 26 Wheat closed at $5.7375/bushel, down $0.065 from yesterday's close.  May 26 Soybeans closed at $11.4975/bushel, down $0.035 from yesterday's close.  May 26 Soymeal closed at $312.5/short ton, down $1.3 fro...

feed-grains soy-oilseeds wheat

Market Commentary: SCOTUS Ruling, South America Weather Send CBOT Lower

The CBOT turned lower on Monday, with the back-and-forth action of the Supreme Court and President Trump regarding tariffs on foreign imports driving volatility. For the ag markets, the biggest impact of the SCOTUS ruling seems to be doubts that China will adhere to its soybean purchase plan, a...

Tariff Confusion Fun; Practical Judgements and Threats to Food; Glypho Confusion; Food Inflation

Tariff Confusion Fun Reactions to the U.S. Supreme Court’s ruling that general use of tariffs is not within the President’s authority under the International Emergency Economic Powers Act (IEEPA) have been wildly diverse. Mass media headlines initially celebrated the “smack do...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, up $0 from yesterday's close.  May 26 Wheat closed at $5.7375/bushel, down $0.065 from yesterday's close.  May 26 Soybeans closed at $11.4975/bushel, down $0.035 from yesterday's close.  May 26 Soymeal closed at $312.5/short ton, down $1.3 fro...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn Rains finally arrived across much of Argentina’s agricultural region, halting the crop deterioration seen in recent weeks. The core corn and soybean region benefited most, with some areas receiving up to 100 mm. However, localized damage from excess moisture, wind and hail affected a...

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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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