General Comments Grain and oilseed markets were firm in the Sunday evening session until Europe came to work with another dose of financial worries. That sent financial markets lower and commodities followed. We opened corn, wheat and soybeans lower this morning and traded lower most of the first hour before November soybeans turned higher and slowly dragged the other markets along. It was a very quiet trading session until the last 15 minutes or so when November soybeans moved to double-digit gains. That move eventually ignited buying in old crop soybeans, and that buying spilled over into the corn market. It was an interesting close with soybeans on a dead run higher followed by corn. Wheat was sluggish but higher. The old crop/new c...
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.