World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Weather Attention

The Fed continues to describe inflation as transient but said this week it is prepared to raise interest rates if proven wrong. Several business leaders are certain it is a larger problem than just being transient. Both have compelling narratives, but which is correct? Farmers are complaining about the rising cost of inputs, but they should benefit from elevated commodity prices, assuming the value of the dollar does not work against them. A larger problem would be to have spent on inputs and then have drought wipe out any profits from production. But that is a reason to carry federally subsidized insurance.  The current bent towards drought may not be a passing fancy. NOAA’s recent models place a 51 percent chance of a return o...

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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

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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