The pervasive feeling is that the sum of tomorrow's USDA reports will be bearish with increased corn and soybean production as well as big quarterly corn stocks. General Comments Today was the last full trading session before the keenly anticipated series of reports that USDA will release at noon EST tomorrow (Friday), and it was a fairly active session at that. The pervasive feeling is that the sum of the reports will be bearish with increased corn and soybean production as well as big quarterly corn stocks that will indicate not only the big crop but also lower-than-expected feed use. The new supply and demands are expected to show ending 2013/14 corn stocks near 2 billion bushels. Ending wheat stocks will be low, and ending soybean sto...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.