World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Overplayed Then Corrected

The NASS stocks report initially felt like a bomb had dropped but after the trade assessed the situation with a clearer head, markets came back off their lows. The whole situation should have been expected given lots of coverage of how historically bad the trade is at estimating in advance the details of this specific USDA report. One analyst called it the “volatility report” and a trader declared that the bull market got gored, but in the end, there were just modest changes. The larger change made by NASS was increasing soybean stocks by 46 percent above the average trade guess, but stocks are still extraordinarily tight. The smaller reduction in wheat stocks and small increase in corn stocks were neutral. Volume was extraordi...

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feed-grains soy-oilseeds wheat

Market Commentary: Low Holiday Cheer

Grain markets traded without conviction today, see-sawing around unchanged and with modest volume. Aggies had WASDE day and outside markets had Fed day, and both events this week were kind of a bust. Some might consider it a positive to lack drama interrupting the holiday period, and that is th...

livestock

Livestock Round Up: WASDE Livestock

USDA’s World Agriculture Supply and Demand Estimates (WASDE) report was released yesterday. The WASDE forecast corn exports for MY 2025-26 hitting a record high, topping the previous record of last year. The net change in the export forecast from a month ago was 125 million bushels, or a...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.465/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.335/bushel, up $0.04 from yesterday's close.  Jan 26 Soybeans closed at $10.935/bushel, up $0.0225 from yesterday's close.  Jan 26 Soymeal closed at $302.1/short ton, up $0.9 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Low Holiday Cheer

Grain markets traded without conviction today, see-sawing around unchanged and with modest volume. Aggies had WASDE day and outside markets had Fed day, and both events this week were kind of a bust. Some might consider it a positive to lack drama interrupting the holiday period, and that is th...

livestock

Livestock Round Up: WASDE Livestock

USDA’s World Agriculture Supply and Demand Estimates (WASDE) report was released yesterday. The WASDE forecast corn exports for MY 2025-26 hitting a record high, topping the previous record of last year. The net change in the export forecast from a month ago was 125 million bushels, or a...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.465/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.335/bushel, up $0.04 from yesterday's close.  Jan 26 Soybeans closed at $10.935/bushel, up $0.0225 from yesterday's close.  Jan 26 Soymeal closed at $302.1/short ton, up $0.9 from y...

No Trade Bailout; Statements Betray USMCA

No Trade Bailout The Trump Administration’s $12 billion economic assistance package to farmers is being framed by the media as a “bailout” for the adverse impact of the President’s tariffs and trade wars. But there is no adverse impact in most instances. Wheat prices hav...

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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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