World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Friday Bounce

GOOD MORNING, Prices are higher this morning on short-covering as we head into the growing season and begin to get the Good/Excellent rating category for crops.  Wheat bounces off new trading range lows, as soyoil futures follow a higher palm oil market, with support from the flash sale to China yesterday.   April NOPA crush will be released at 11:00 AM, with the trade looking for crush at an advertised 170.4 mln bu. vs. 181.37 mln bu in March.  Oil ending stocks are advertised at 2.03 bln lbs vs. the previous 1.787 bln lbs.   IEG vantage put out a bit of guesswork as to how acreage pies were shaping up: Corn:  94.2, down 2.8  Beans:  85.9, up 2.4 from USDA Cotton:  12.8, down .09 from...

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farm-inputs

Phosphate and Potash Added to Critical Minerals List

The Department of the Interior has added phosphate and potash, two key fertilizer ingredients, to the official Critical Minerals List. They are part of 60 minerals deemed vital to the U.S. economy and national security, with 10 of those being newly listed, that face potential risks from disrupt...

feed-grains soy-oilseeds wheat

Market Commentary: Pre-Weekend Bounce on a Mixed Week

Outside markets continued their downbeat on Friday but ag futures had a few recoveries from yesterday’s trouncing.  Corn closed lower for the day and the week.  The soy complex closed optimistically for the day but had a mixed week. Winter wheat closed lower on the day and the...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2725/bushel, down $0.015 from yesterday's close.  Dec 25 Wheat closed at $5.2775/bushel, down $0.0775 from yesterday's close.  Jan 26 Soybeans closed at $11.17/bushel, up $0.095 from yesterday's close.  Dec 25 Soymeal closed at $317.1/short ton, up $4.4 f...

farm-inputs

Phosphate and Potash Added to Critical Minerals List

The Department of the Interior has added phosphate and potash, two key fertilizer ingredients, to the official Critical Minerals List. They are part of 60 minerals deemed vital to the U.S. economy and national security, with 10 of those being newly listed, that face potential risks from disrupt...

feed-grains soy-oilseeds wheat

Market Commentary: Pre-Weekend Bounce on a Mixed Week

Outside markets continued their downbeat on Friday but ag futures had a few recoveries from yesterday’s trouncing.  Corn closed lower for the day and the week.  The soy complex closed optimistically for the day but had a mixed week. Winter wheat closed lower on the day and the...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2725/bushel, down $0.015 from yesterday's close.  Dec 25 Wheat closed at $5.2775/bushel, down $0.0775 from yesterday's close.  Jan 26 Soybeans closed at $11.17/bushel, up $0.095 from yesterday's close.  Dec 25 Soymeal closed at $317.1/short ton, up $4.4 f...

feed-grains soy-oilseeds wheat

WPI Crop Balance Sheet Forecasts

Ahead of next week’s USDA’s Crop Production and WASDE reports, WPI offers our latest projections for the corn, soybean, and wheat balance sheets. The key findings from this effort are that corn and soybean supplies are set to expand on upward yield revisions. Too, demand for corn an...

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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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