World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

It was a trade war-influenced day at the CBOT with China adding tariffs to another $60 billion of U.S. products in a retaliatory response to the latest Trump-imposed tariffs on $200 billion of Chinese goods. The back-and-forth tariffs are not really causing further damage to major agricultural markets directly, but the hope for a quick resolution to the situation is diminished with each volley. Wall Street is higher (at this writing) as investors shrug off the latest trade war developments. At this point, the market seems to be getting numb to the talk of more tariffs. The S&P 500 is up 0.6 percent, the Dow is 0.5 percent higher, and the U.S. Dollar Index is flat. Meanwhile, crude oil prices are up roughly $1/barrel after Russia blamed...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Today was Green but Headwinds for the Week

Corn, soymeal, live cattle and lean hogs all traded lower during the morning start but by the end of the day, only lean hogs ended lower. There were modest volumes being traded on Friday for most contracts, except feeder cattle where it was nearly double the five-day average.December soymeal hi...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for November 1-7, 2024. Wheat: Net sales of 380,100 metric tons (MT) for 2024/2025 were up 1 percent from the previous week, but down 17 percent from the prior 4-week average. Export shipments of 301,300 MT were up 27 percent from the previous week and 5 percent...

livestock

Cow-Calf Margins Steady in November, Herd Expansion Still Likely

Despite recent decreases in feeder cattle futures and rising feedstuff costs, estimated cow-calf producer margins are largely unchanged from WPI’s October estimate. The stable and positive financial environment means that producers are still facing strong financial incentives to expand the U.S...

feed-grains soy-oilseeds wheat

Market Commentary: Today was Green but Headwinds for the Week

Corn, soymeal, live cattle and lean hogs all traded lower during the morning start but by the end of the day, only lean hogs ended lower. There were modest volumes being traded on Friday for most contracts, except feeder cattle where it was nearly double the five-day average.December soymeal hi...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for November 1-7, 2024. Wheat: Net sales of 380,100 metric tons (MT) for 2024/2025 were up 1 percent from the previous week, but down 17 percent from the prior 4-week average. Export shipments of 301,300 MT were up 27 percent from the previous week and 5 percent...

livestock

Cow-Calf Margins Steady in November, Herd Expansion Still Likely

Despite recent decreases in feeder cattle futures and rising feedstuff costs, estimated cow-calf producer margins are largely unchanged from WPI’s October estimate. The stable and positive financial environment means that producers are still facing strong financial incentives to expand the U.S...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.24/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.365/bushel, up $0.0625 from yesterday's close. Jan 25 Soybeans closed at $9.985/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $289.6/short ton, up $2.6 from yesterda...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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