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

Summary of Futures

Mar 26 Corn closed at $4.5/bushel, up $0.05 from yesterday's close.  Mar 26 Wheat closed at $5.41/bushel, up $0.06 from yesterday's close.  Jan 26 Soybeans closed at $11.2475/bushel, down $0.0325 from yesterday's close.  Jan 26 Soymeal closed at $311.6/short ton, down $3 from yes...

End of the Year: Lots to Do and a Short Time to Get it Done

Congress returns this week from their Thanksgiving recess to wrap up end-of-year priorities. There are only 13 days of legislative sessions remaining in the House, with 12 days before the 30 January deadline when the government runs out of money once again. The Senate has 12 days of session rem...

feed-grains soy-oilseeds wheat

China Market Analysis

Economy China’s official data and its rhetoric do not always align and while its exports have remained robust, it has not prevented a slump in manufacturing output. Its purchasing managers index (PMI) was below 50 (contraction territory) in November, the eighth straight monthly decline. W...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.5/bushel, up $0.05 from yesterday's close.  Mar 26 Wheat closed at $5.41/bushel, up $0.06 from yesterday's close.  Jan 26 Soybeans closed at $11.2475/bushel, down $0.0325 from yesterday's close.  Jan 26 Soymeal closed at $311.6/short ton, down $3 from yes...

End of the Year: Lots to Do and a Short Time to Get it Done

Congress returns this week from their Thanksgiving recess to wrap up end-of-year priorities. There are only 13 days of legislative sessions remaining in the House, with 12 days before the 30 January deadline when the government runs out of money once again. The Senate has 12 days of session rem...

feed-grains soy-oilseeds wheat

China Market Analysis

Economy China’s official data and its rhetoric do not always align and while its exports have remained robust, it has not prevented a slump in manufacturing output. Its purchasing managers index (PMI) was below 50 (contraction territory) in November, the eighth straight monthly decline. W...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey is reportedly buying Russian grain once again due to lower wheat production this year – production of wheat dropped from 21 MMT in 2023/24 to an expected 16.3 MMT in 2025/26 – due to severe drought. Turkey&rsquo...

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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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