World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for August 16-22, 2024. Wheat:  Net sales of 532,100 metric tons (MT) for 2024/2025 were up 8 percent from the previous week and 53 percent from the prior 4-week average. Export shipments of 576,800 MT were up 23 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Japan (100,700 MT, including 49,900 MT - late), Mexico (77,500 MT, including 30,500 MT - late), Vietnam (66,100 MT), Ecuador (56,100 MT), and South Korea (55,000 MT).   Corn:  Net sales of 15,300 MT for 2023/2024--a marketing-year low--were down 87 percent from the previous week and 93 percent from the prior 4-week average. Export shipments of 1,048,900 MT were down 9 perce...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Biofuel and Trade Policy Worries Pressure CBOT along with Dollar Strength

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Oilseed Highlights: Multi-Bearish Factors

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Bearish Beat Goes On

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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