World Perspectives

Coming Currency War; Trees Over People; Punching Above Weight Class

Coming Currency War The dollar is now nearly 13 percent weaker than it was earlier this year and possibly headed lower based on massive deficit spending. The inverse is that other currencies are getting stronger. And for those nations that are export dependent, a stronger currency threatens their recovery from the global COVID-19 recession. When President-Elect Joe Biden assumes office, he will inherit his predecessor’s designation of Switzerland and Vietnam as currency manipulators, plus a long list of others that are on a presumptive “watch” list.  The Nikkei reports that the day after Mr. Biden won the election, Japanese Prime Minister Yoshihide Suga told aides not to allow the yen to slip below 100 to the dollar...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for July 4-10, 2025.  Wheat: Net sales of 494,400 metric tons (MT) for 2025/2026 were down 13 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 432,900 MT were down 3 percent from the previous week, but up 7 perce...

feed-grains soy-oilseeds wheat

Market Commentary: Quirky Day in a Quirky Week

It was a somewhat quirky day as grains took their lumps and soyoil supported beans. There was a new contract low in HRW, low volume trading corn and livestock, but high volume in soyoil. After trading 40,000 contracts, December soymeal settled unchanged, and moving in mere fractions, September...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.21/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.335/bushel, down $0.0775 from yesterday's close.  Nov 25 Soybeans closed at $10.265/bushel, up $0.06 from yesterday's close.  Dec 25 Soymeal closed at $283.5/short ton, up $0 from ye...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for July 4-10, 2025.  Wheat: Net sales of 494,400 metric tons (MT) for 2025/2026 were down 13 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 432,900 MT were down 3 percent from the previous week, but up 7 perce...

feed-grains soy-oilseeds wheat

Market Commentary: Quirky Day in a Quirky Week

It was a somewhat quirky day as grains took their lumps and soyoil supported beans. There was a new contract low in HRW, low volume trading corn and livestock, but high volume in soyoil. After trading 40,000 contracts, December soymeal settled unchanged, and moving in mere fractions, September...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.21/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.335/bushel, down $0.0775 from yesterday's close.  Nov 25 Soybeans closed at $10.265/bushel, up $0.06 from yesterday's close.  Dec 25 Soymeal closed at $283.5/short ton, up $0 from ye...

Identifying Mispricing Opportunities in Ag Futures

In many ways, human nature is fascinated with the future – predicting what will and what could be and formulating plans accordingly. This is one factor that makes commodity futures markets inherently intriguing – their role in foretelling the future. As WPI readers have likely exper...

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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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