World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Declining Crop Ratings Push CBOT Higher; Wheat Rallies on Russian Attacks

Tuesday’s surprise (but not entirely unexpected) decline in U.S. corn and soybean conditions ratings, in tandem with more Russian attacks on Ukrainian ports, sent the CBOT sharply higher overnight. KCBT wheat was the only market, however, to maintain most of its strength with CBOT wheat, corn, and soybeans all paring gains heading into the close. For the summer crops, traders are betting the timing of the recent U.S. heat and dryness will mitigate yield losses and that the coming two weeks of favorable weather could help offset some of the effects. Pre-WASDE positioning is also ongoing with few willing to significantly expand risk before the September report, coming out next Tuesday. Funds were net buyers across the board, however, an...

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One Big Beautiful Bill Unveiled in the Senate

The Senate Finance Committee and its chairman Senator Mike Crapo (R-Idaho) have unveiled their tax bill as part of budget reconciliation to extend the 2017 Trump Tax Cuts and Jobs Act. According to the Committee, the bill … prevents a more-than $4 trillion tax hike on American families a...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.315/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.49/bushel, up $0.125 from yesterday's close.  Jul 25 Soybeans closed at $10.74/bushel, up $0.0425 from yesterday's close.  Jul 25 Soymeal closed at $285.1/short ton, up $1.4 from...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkish officials announced that the cost of vessels passing through the Bosphorus/Dardanelles will increase by 15 percent on 1 July. The new tariff is set at $5.83 per MT and will affect all grain/oilseed items from the Black Sea...

One Big Beautiful Bill Unveiled in the Senate

The Senate Finance Committee and its chairman Senator Mike Crapo (R-Idaho) have unveiled their tax bill as part of budget reconciliation to extend the 2017 Trump Tax Cuts and Jobs Act. According to the Committee, the bill … prevents a more-than $4 trillion tax hike on American families a...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.315/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.49/bushel, up $0.125 from yesterday's close.  Jul 25 Soybeans closed at $10.74/bushel, up $0.0425 from yesterday's close.  Jul 25 Soymeal closed at $285.1/short ton, up $1.4 from...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkish officials announced that the cost of vessels passing through the Bosphorus/Dardanelles will increase by 15 percent on 1 July. The new tariff is set at $5.83 per MT and will affect all grain/oilseed items from the Black Sea...

livestock

AP Quant: Livestock Industry Margins

Beef packer margins are on a one-way trip to a very unpleasant place and despite a brief rebound last week, remain absolutely dismal. Packer margins improved $66/head last week thanks to a massive surge in beef values and modest fed cattle gains, but profits were still horrid at -$237/head, whi...

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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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