World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rallies Despite Benign WASDE; Soyoil, Soybeans, Corn Post Technically Bullish Days

CBOT markets firmed heading into the April WASDE and continued their strength thereafter, despite a relatively benign USDA report. USDA stuck to its measured approach in estimating losses to South American soybean production as well as the Russia-Ukraine war. USDA’s policy is always to avoid forecasting policy changes and their impacts in the WASDE, and that approach has been extended to war impacts as well. The effect of this approach is that the agency’s Black Sea balance sheets are adjusting more slowly to the war’s impacts than are private estimates.  For the U.S., the April WASDE brought little changes to the major crop balance sheets, with 2021/22 corn ending stocks unchanged after offsetting adjustments to eth...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $4.9675/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.0775/bushel, up $0.01 from yesterday's close.  Dec 25 Soymeal closed at $274.1/short ton, down $0...

feed-grains soy-oilseeds wheat

Market Commentary: New Lows for Wheat, New Highs for Cattle; Soybeans Eye Trade Talks

President Trump walked back some of his statements regarding China over the weekend, which allowed ag markets to breathe more easily this week. Soybeans and soyoil managed to post small gains to start the week after Friday’s trade-war-news-induced collapse, with traders turning hopeful th...

Various Campaigns Diagnosed; EU Dependency

Various Campaigns Diagnosed  Climate Change: Since the Paris Accord in 2015, environmentalists have poured hundreds of millions of dollars publicizing the dangers of climate change. They’ve had the buy-in from elites and a cooperative media ecosystem giving attention to the “cr...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $4.9675/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.0775/bushel, up $0.01 from yesterday's close.  Dec 25 Soymeal closed at $274.1/short ton, down $0...

feed-grains soy-oilseeds wheat

Market Commentary: New Lows for Wheat, New Highs for Cattle; Soybeans Eye Trade Talks

President Trump walked back some of his statements regarding China over the weekend, which allowed ag markets to breathe more easily this week. Soybeans and soyoil managed to post small gains to start the week after Friday’s trade-war-news-induced collapse, with traders turning hopeful th...

Various Campaigns Diagnosed; EU Dependency

Various Campaigns Diagnosed  Climate Change: Since the Paris Accord in 2015, environmentalists have poured hundreds of millions of dollars publicizing the dangers of climate change. They’ve had the buy-in from elites and a cooperative media ecosystem giving attention to the “cr...

livestock

Cattle Market Relief on the Way, But to What End? And, Higher Tariffs on China

USDA is expected to announce details in the next few weeks on its plan to encourage cattle herd expansion after Agriculture Secretary Brooke Rollins recently pledged to “expand access to working lands” and “develop risk mitigation tools.” These options will be relied on...

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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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