General Comments The soy complex continues to trade bullish South American production estimates, and the trade continues to buy soybeans and sell everything else. That was the theme in the Sunday evening session, and it followed through to today's market as well. Soybean futures started stronger than expected, trading 20-22 higher at one point. That strength brought buyers to corn and wheat as well, but corn went from trading as much as 8-9 higher at mid-morning to trading lower over the noon hour. Not many are willing to own corn heading into Friday's acreage and stocks reports. By the end of the session, corn was in full-scale retreat as the selling accelerated. Corn continues to be the preferred short leg of nearly every spread imag...
Russian Grain Markets: 12–16 October 2026 During the week in review, the Russian grain market began recovering after an extended decline driven largely by Black Sea logistics bottlenecks, a good crop and weaker global demand in traditional Russian markets. Russia is beginning to harvest c...
What You Need to Know Today: Corn and soybeans were under heavy selling pressure as weaker (or at least as-expected) export demand runs into an accelerating harvest pace with more grain available in the spot market. Corn and soybean harvest progress remains below average across the U.S., espec...
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.