The CBOT opened with a weaker tone and kept that mentality through the day. Soyoil firmed against soymeal and soybeans while corn and soybeans traded mostly lower in tandem. Wheat and livestock futures fell back as well amid uncertainty about China’s commodity “shopping list”. As WPI noted yesterday, our sources close to trade negotiations suggest there will be some parts of the agreement that never come to light. Consequently, for some (still unknown) products, traders will simply have to go back to classic commodity market analysis - watching exports and cash market trends – rather than plug a specific import commitment into balance sheets. Speaking of import numbers, China early this morning announced that it wil...
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.
What You Need to Know Today: As was widely expected, the Federal Reserve raised interest rates by 25 basis points to a target range of 3.75–4.00 percent, its first rate increase since 2023, as policymakers respond to persistent inflation pressures. The Fed also signaled that additi...
Key Takeaways: USDA data access is equal; the ability to use it is not. Larger operations can afford experts who turn public reports into business decisions. Analytical capacity is the true advantage. Forecasts matter only when converted into profit, purchasing, and risk-management decisions...
Russian Grain Markets: 7–11 September 2026 During the first week of September, the Russian grain market remained volatile but predominantly bearish. Among the few commodities that continued to show a bullish trend was rye, which is in short supply this year and has few offers available. I...