The CBOT was almost uniformly lower on Wednesday with traders booking any long profits and likely adding some short spec positions as momentum wanes from the markets. The down day was a little surprising after USDA reported another 12.1 Mbu of soybeans sold to China for 2025/26, but that news h...
Russian Grains Market: 7-14 November 2025 Russia reported an air attack on the port of Novorossiysk, its main Black Sea export hub. The attack disrupted both oil and grain trade. Spot prices initially rose by several dollars but returned to previous levels by week’s end. The long-term out...
The big news in commodity markets Tuesday was USDA’s confirmation that China purchased nearly 800 KMT of soybeans from the U.S. on Monday. That news was corroborated by news stories saying China booked over 20 cargoes from the PNW and Gulf with basis levels rising in both locations as if...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.