World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Standard commodity analysts may soon adjust their stories to proclaim, "Production will be large but demand is even larger!" Similar market dialog occurred soon after a bumper crop in 1994. General Comments Today's trading was the normal activity of lining up positions according to expectations prior to a major USDA report. It is those report expectations, particularly for corn, that should be addressed prior to Monday's reports. The average of analysts' estimates seems to be for an increase in U.S. corn acreage that is slightly larger than was specified in the 31 March Prospective Plantings Report. Such assumptions may be influenced by the fact that while the planting pace of U.S. corn started off slower than normal for a few weeks, it e...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.34/bushel, up $0.02 from yesterday's close.  Dec 25 Wheat closed at $5.3225/bushel, up $0.0325 from yesterday's close.  Jan 26 Soybeans closed at $10.945/bushel, down $0.0075 from yesterday's close.  Dec 25 Soymeal closed at $308.7/short ton, up $2.2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Consolidate while Soymeal Runs Higher and Cattle Firm

The lingering effects of trade agreements and now-confirmed export rumors were the primary drivers of the CBOT’s action on Wednesday. Tuesday’s rumors of China buying some U.S. soybeans ahead of the trade talks with the U.S. on Thursday were confirmed by Reuters and Bloomberg. The m...

No Political Hack; Goals versus the Market; Technicalities

No Political Hack The U.S. Senate Finance Committee held a hearing on the nomination of Dr. Julie Callahan to become the U.S. agricultural trade ambassador. The appointment is notable because Callahan does not come from Capitol Hill or other warrens of political expediency when it comes to powe...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.34/bushel, up $0.02 from yesterday's close.  Dec 25 Wheat closed at $5.3225/bushel, up $0.0325 from yesterday's close.  Jan 26 Soybeans closed at $10.945/bushel, down $0.0075 from yesterday's close.  Dec 25 Soymeal closed at $308.7/short ton, up $2.2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Consolidate while Soymeal Runs Higher and Cattle Firm

The lingering effects of trade agreements and now-confirmed export rumors were the primary drivers of the CBOT’s action on Wednesday. Tuesday’s rumors of China buying some U.S. soybeans ahead of the trade talks with the U.S. on Thursday were confirmed by Reuters and Bloomberg. The m...

No Political Hack; Goals versus the Market; Technicalities

No Political Hack The U.S. Senate Finance Committee held a hearing on the nomination of Dr. Julie Callahan to become the U.S. agricultural trade ambassador. The appointment is notable because Callahan does not come from Capitol Hill or other warrens of political expediency when it comes to powe...

FOB Prices and Freight Rates App (Updated 29 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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