World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The selling pressure continued across the wheat markets, and the soybean market was underwater all day today as the downtrend continues to gain some momentum. Corn, however, did a respectable job of holding together. General Comments It was déjà vu all over again. Markets were easier to start this week Sunday evening on relatively good volume. There was some weekend rainfall across parts of the southern Plains with more in the forecast, although it appears that the big rains are now going to be farther north and east than expected last Friday. Those will hit some of the driest areas of the Corn Belt, notably Missouri and southern Illinois. The USDA reports are this Friday, so the trade likely won’t do much, at least not in any bullish way...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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Canadians reacted with understandable revulsion to President Trump’s insults to their nation. In yesterday’s election, they were given two choices: elect Conservative Pierre Poilievre as prime minister who pledged to build a better and stronger nation, or choose Liberal Mark Carney...

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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.

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