The markets stabilized overnight on decent volume following yesterday’s bearish USDA reports and subsequent price collapse. The Minneapolis wheat market then again bore the brunt of the selling today. General Comments The markets stabilized overnight on decent volume following yesterday’s bearish USDA reports and subsequent price collapse. Corn and soybeans managed to hold on to slight gains, while the three wheat classes, especially Minneapolis, were weak.Yesterday’s USDA reports left many analysts puzzled or at least disappointed. Funds that were starting to get interested beforehand in the long side of the market then abandoned that interest once they saw the numbers.Weather forecasts are basically unchanged. Temperatures will graduall...
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...
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.