World Perspectives
feed-grains soy-oilseeds wheat

The Big Picture: Global Cash Prices

Recent market analysis has placed much focus on fundamental conditions in the U.S. and how supply-side factors may shape the markets this year. Given the extreme weather across the Midwest in 2019 (although this has perhaps run its course), the focus has been rightly justified. Consequently, it’s time to step back and once again look at the big picture. This analysis looks at U.S. and global prices, which are likely to move supply and demand factors going forward. Corn U.S. cash corn prices jumped sharply higher this spring as the late planting threatened acreage and production prospects. Notably, the eastern Corn Belt was hardest hit by the poor weather, evidenced by the 40-cent premium that corn prices in the Great Lakes region ho...

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feed-grains soy-oilseeds wheat

Market Commentary: Ags Sink on Risk-Off Day Despite Weaker Dollar

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feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8175/bushel, down $0.005 from yesterday's close.  May 25 Wheat closed at $5.385/bushel, down $0.1025 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.07 from yesterday's close.  May 25 Soymeal closed at $292.9/short ton, down $2...

Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

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feed-grains soy-oilseeds wheat

Market Commentary: Ags Sink on Risk-Off Day Despite Weaker Dollar

The CBOT was higher overnight as the U.S. dollar fell to a three-year low, but the day session saw the major ag market slip lower and end in the red with pressure from macroeconomic markets increasing. In addition to sparking trade wars with nearly every major U.S. trading partner, U.S. Preside...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8175/bushel, down $0.005 from yesterday's close.  May 25 Wheat closed at $5.385/bushel, down $0.1025 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.07 from yesterday's close.  May 25 Soymeal closed at $292.9/short ton, down $2...

Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

Barriers are Good The issue de jour is tariffs. Donald Trump is vilified by conventionalists for the self-induced wound of raising this single barrier to business. As a businessman, Trump sees a complex web of market barriers. Domestic regulations, domestic taxes, but also foreign tariffs (taxe...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Macroeconomic Updates Argentina saw a shortened trading week, with no markets last Thursday and Friday. It was also the first week of trading under the new exchange rate regulations, so it took the markets a few days to adjust. Regarding the official exchange rate, it opened on Monday...

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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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