Dec 26 Corn closed at $5.0075/bushel, down $0.2125 from yesterday's close. Dec 26 Wheat closed at $6.7575/bushel, down $0.17 from yesterday's close. Nov 26 Soybeans closed at $12.93/bushel, down $0.0475 from yesterday's close. Dec 26 Soymeal closed at $356.9/short ton, down $2.1 from yesterday's close. Dec 26 Soyoil closed at 68.28 cents/lb down 0.08 cents from yesterday's close. Dec 26 Live Cattle closed at $222.7/cwt up $1.9 from yesterday's close. Nov 26 Feeder Cattle closed at $334.3/cwt up $3.4 from yesterday's close. Dec 26 Lean Hogs closed at $69.425/cwt down $0.275 from yesterday's close. Nov 26 WTI Crude Oil closed at $90.49/barrel up $1.11 from yesterday's close. ...
Markets are getting a quarter-end reality check as September comes to a close. Growth, inflation and interest rates remain central to the macro outlook, while tight diesel supplies keep pressure on the cost of moving goods. States are stepping in with relief, but policy changes alone cannot reb...
Key Takeaways: 1 September corn stocks totaled 2.095 billion bushels, 171 million above expectations and 544 million above last year, providing additional cushion for the 2026/27 balance sheet and potentially adding near-term pressure to prices. June-August corn disappearance increased just 10...
Russian Grain Markets: 21–25 September 2026 During the third week of September, the Russian grain market remained bearish. For the first time since 2018, average 3rd-grade milling wheat prices dropped below RUB 10,000/t. This poses a serious threat to the Russian agricultural sector, as l...
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.