The CBOT was sharply lower to start the holiday-shortened trading week with Friday’s ruling that President Trump’s tariffs may be illegal throwing ag and other markets into confusion. The ruling makes unclear the outlook for negotiating further trade deals – or even continuing...
Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...
Milling Wheat Except for the CBOT futures market, global wheat values were lower last week as larger harvest expectations weighed on market sentiment. With forecasts growing for the 2025/26 crops in Russia, Australia, and Canada, there seems no shortage of wheat supplies this year, which...
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.