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Market Commentary

Barring unforeseen announcements, this may have been the last notable day on the market ahead of USDA’s 10 January WASDE report. Things may now turn choppy as traders await something more definitive in that report. However, there is also the chance that any impactful number, such as the expectation for less corn, will dribble out over the coming months. WPI is running a survey on its home page for what impact everyone is expecting from next week’s WASDE. Even bigger than the WASDE remains the Phase One trade agreement and its impact. China says it will abide by its commitments and commodity prices will depend upon Beijing’s compliance. However, at least one noted Republican political observer, Karl Rove, predicted they wo...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 28 April)

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...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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