World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Palm Oil, Soy Complex Rally; Funds Buy Corn before WASDE

The CBOT was firmer heading into tomorrow’s much-anticipated WASDE report, but the major commodities held to their recent trading ranges. The soy complex was higher with support coming from rising palm oil futures and continued Chinese purchases of U.S. soybeans. Traders edged toward the long side of the corn market and reversed bull soy/corn and wheat/corn spreads that were popular this past week. Funds were net buyers in corn, soybeans, and soyoil, while remaining flat wheat and selling soymeal.  Palm oil futures were sharply higher overnight on bullish data from the Malaysian Palm Oil Council. The council reported July palm oil production fell 5 percent from June and 15 percent from July 2020. Similarly, palm oil stocks were...

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Prop 12 Lives, Long Live Prop 12; Power of Ag; Trump Power

Prop 12 Lives, Long Live Prop 12 Delineating the Supremacy Clause of the U.S. Constitution from the rights of the states has long been a legal fight in the U.S. Thus, it was notable last night when the U.S. Senate voted 99-1 to remove language from the Big Beautiful Bill that would have restric...

livestock

Livestock Industry Margins

Beef packer margins finally turned positive last week, the first time packers have made money killing cattle since last October. Margins swung dramatically from a -$131/head loss the prior week to a $15/head gain to close out June. The profits came from the sharp rally in beef prices, a $5/cwt...

feed-grains soy-oilseeds wheat

Market Commentary: USDA Reports Offer Few Surprises, Weather Dominates Trade Outlook

The USDA’s Grain Stocks and Acreage reports dominated the CBOT’s attention on Monday with the Noon ET release of both datasets driving the day’s action. There were relatively few surprises in the report but minor deviations from expectations helped create support in new crop s...

Prop 12 Lives, Long Live Prop 12; Power of Ag; Trump Power

Prop 12 Lives, Long Live Prop 12 Delineating the Supremacy Clause of the U.S. Constitution from the rights of the states has long been a legal fight in the U.S. Thus, it was notable last night when the U.S. Senate voted 99-1 to remove language from the Big Beautiful Bill that would have restric...

livestock

Livestock Industry Margins

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feed-grains soy-oilseeds wheat

Market Commentary: USDA Reports Offer Few Surprises, Weather Dominates Trade Outlook

The USDA’s Grain Stocks and Acreage reports dominated the CBOT’s attention on Monday with the Noon ET release of both datasets driving the day’s action. There were relatively few surprises in the report but minor deviations from expectations helped create support in new crop s...

Un-Trade Agreements; Ag in Big Beautiful Bill; CAP Controversy

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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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