World Perspectives
soy-oilseeds

Oilseed Highlights: “Liberation Day” Rattles Markets

The Market  Prior to the Liberation Day tariffs that President Trump announced late Wednesday, oilseed markets were seeing noted strength due to renewed hopes for biodiesel demand. Earlier this week, news broke that members of the oil and renewable energy sectors met with the EPA to discuss raising the biodiesel blending target from 3.35 billion gallons to 5.5-5.75 billion gallons. That news sent CBOT soyoil skyrocketing higher, which in turn caused significant rallies in soybeans, rapeseed, and ICE canola futures.  Those rallies are currently in jeopardy, however, after President Trump’s unveiling of massive tariffs on all trading partners and even heavier duties on countries formerly considered friendly trading partners. T...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.575/bushel, down $0.0025 from yesterday's close.  May 25 Wheat closed at $5.36/bushel, down $0.0325 from yesterday's close.  May 25 Soybeans closed at $10.115/bushel, down $0.18 from yesterday's close.  May 25 Soymeal closed at $288/short ton, up $0.8 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Tariffs on, Risk off

The market opened today as it had closed from the previous night’s session, with double digit declines in many contracts. An hour into today’s session, first soymeal, then corn, then HRW and hogs turned green. Many then wobbled both sides of unchanged.  There was a new contract...

While Swinging for the Fence

Early reactions to President Trump’s tariff war are as expected. Major foreign trading partners are expressing shock and assuring Washington that if there is no negotiated settlement, there will be an appropriate response. Domestic pundits emphasize this is a tax on American consumers and...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.575/bushel, down $0.0025 from yesterday's close.  May 25 Wheat closed at $5.36/bushel, down $0.0325 from yesterday's close.  May 25 Soybeans closed at $10.115/bushel, down $0.18 from yesterday's close.  May 25 Soymeal closed at $288/short ton, up $0.8 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Tariffs on, Risk off

The market opened today as it had closed from the previous night’s session, with double digit declines in many contracts. An hour into today’s session, first soymeal, then corn, then HRW and hogs turned green. Many then wobbled both sides of unchanged.  There was a new contract...

While Swinging for the Fence

Early reactions to President Trump’s tariff war are as expected. Major foreign trading partners are expressing shock and assuring Washington that if there is no negotiated settlement, there will be an appropriate response. Domestic pundits emphasize this is a tax on American consumers and...

livestock

Livestock Roundup: Liberation Day Declared, Will Cooler Heads Prevail?

Yesterday, President Trump imposed reciprocal tariffs, stating: My fellow Americans, this is Liberation Day. April 2, 2025, will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make America wealthy again. We wi...

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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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