World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Corn, Wheat Rally; Corn Yields Concerning; Crude Oil Offers Support

The CBOT was mostly higher on Wednesday, led by rallies in corn and wheat that broke their Friday (post-WASDE) highs. Milling wheat stocks are tightening around the world, fueling the rally, and little cash selling in the U.S. has allowed corn to rally easily. Soybeans were mixed but slightly higher as bearish fundamental news mixed with spillover buying from the grain markets. Higher crude oil futures helped buoy ag markets as well. Funds are thought to have secured 15,000 contracts of corn futures and 8,000 contracts of wheat along with 6,000 contracts of soybeans.  A major theme of today’s trade was higher crude oil offering support to outside markets, including the CBOT. Crude oil rallied and traded over a short-term trendli...

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feed-grains soy-oilseeds wheat

Market Commentary: Yield, Acreage Increases Sink Corn, Soybeans

The CBOT came under heavy selling pressure following the January WASDE as USDA unexpectedly increased U.S. corn acreage and yields. The USDA also added area to the soybean harvested and made a bearish cut to U.S. wheat demand, moves which sent all of the major commodity futures markets sharply...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

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feed-grains soy-oilseeds wheat

Market Commentary: Yield, Acreage Increases Sink Corn, Soybeans

The CBOT came under heavy selling pressure following the January WASDE as USDA unexpectedly increased U.S. corn acreage and yields. The USDA also added area to the soybean harvested and made a bearish cut to U.S. wheat demand, moves which sent all of the major commodity futures markets sharply...

India Holds Out; USMCA Friction; AI and Ag

India Holds Out The most disappointed of U.S. trading partners has to be India. It has long held hope that it would succeed China as the largest foreign supplier to the American market. It is a natural foil to China, which has been politely designated by Washington as a strategic competitor and...

energy

Venezuela Oil Situation and Oil Price Impacts

The world woke up on Jan. 3 to news of the arrest of Nicolas Maduro, the self-proclaimed president of Venezuela. Few expected this move from the U.S. administration, but in hindsight it may not have been surprising. The Biden administration had placed a $25 million bounty on Maduro through the...

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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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