World Perspectives
soy-oilseeds

Oilseed Highlights: Bouncing Off Seasonal Lows

The Market U.S. soybeans have a nearly $1/bushel advantage as Brazilian basis moves higher. The result is that last week’s export sales were substantial. Rumors are rampant of more Chinese purchasing of U.S. soybeans. Argentina reportedly bought U.S. soybeans but those may washout on financial terms. The Brazilian heat and drought could/should evolve to seasonal moisture conditions in the next week or two but La Nina could involve more drought and the market has been adding a small amount of weather premium just in case. The U.S. turns wet next week, slowing the harvest. Over the past week, the November soybean contract has gained a very modest 2.5 cents (0.24 percent). December soymeal has been trading sideways with a slight upti...

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feed-grains soy-oilseeds wheat

Market Commentary: Bulls Rest While Eyeing South American Weather

The CBOT turned mostly lower on Tuesday as the excitement from the bullish WASDE faded. Traders now see the corn and soybean yield and production cuts as fully priced into futures, which left markets to return to trading the South American weather outlooks and export trends. Both of these facto...

Produce Price Inflation Mixed Signals

Producer price inflation (PPI) ended 2024 up 0.2 percent in December. That is a modest gain and was below pre-report expectations. Nonetheless, the PPI was 3.3 higher than a year ago, and substantially higher than the Federal Reserve’s 2 percent target. That stickiness trend will keep inflation...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.745/bushel, down $0.02 from yesterday's close. Mar 25 Wheat closed at $5.4625/bushel, up $0.0125 from yesterday's close. Mar 25 Soybeans closed at $10.475/bushel, down $0.055 from yesterday's close. Mar 25 Soymeal closed at $305.8/short ton, down $2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Rest While Eyeing South American Weather

The CBOT turned mostly lower on Tuesday as the excitement from the bullish WASDE faded. Traders now see the corn and soybean yield and production cuts as fully priced into futures, which left markets to return to trading the South American weather outlooks and export trends. Both of these facto...

Produce Price Inflation Mixed Signals

Producer price inflation (PPI) ended 2024 up 0.2 percent in December. That is a modest gain and was below pre-report expectations. Nonetheless, the PPI was 3.3 higher than a year ago, and substantially higher than the Federal Reserve’s 2 percent target. That stickiness trend will keep inflation...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.745/bushel, down $0.02 from yesterday's close. Mar 25 Wheat closed at $5.4625/bushel, up $0.0125 from yesterday's close. Mar 25 Soybeans closed at $10.475/bushel, down $0.055 from yesterday's close. Mar 25 Soymeal closed at $305.8/short ton, down $2 from...

Tariff Adjustment/Musk; Cynical Biden Trade Goals; Biofuel Proposal Disappoints

Tariff Adjustment/MuskRecognizing the inflation threat of sudden and large import tariffs, Donald Trump’s economic team: Scott Bessent (Treasury), Kevin Hassett (National Economic Council), and Stephen Miran (Council of Economic Advisers) are reportedly working on a plan of more gradual 2-5 per...

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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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