World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Leads CBOT Lower on Rains, Yield Estimates

Rain across the Northern Plains and Upper Midwest on Wednesday helped push the CBOT lower with wheat leading the way. Nothing has changed about the near-term forecast, which remains scorching hot and mostly dry across the Southern Plains and Corn Belt, but the 6-10-day forecast is mixed with better probabilities of normal rains for the Midwest. As discussed in the corn futures section of this report, however, there is little agreement between models and some still predict two solid weeks of hot, dry conditions. Also helping push the CBOT lower for the day was a lack of attacks by Russia on Ukrainian infrastructure while the EU continues to work to secure export routes for Ukraine’s products. Overall, it was largely a day of corrective...

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Consolidation Begins while Cattle Correction Continues

With the notable exception of soyoil, the CBOT was mostly higher on Tuesday with funds covering shorts ahead of the midweek holiday amid a few bullish headlines. Wheat was the upside leader as harvest delays and quality concerns mount for the Southern Plains HRW crop amid persistent rains. Soyb...

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

Market Commentary: Grain Consolidation Begins while Cattle Correction Continues

With the notable exception of soyoil, the CBOT was mostly higher on Tuesday with funds covering shorts ahead of the midweek holiday amid a few bullish headlines. Wheat was the upside leader as harvest delays and quality concerns mount for the Southern Plains HRW crop amid persistent rains. Soyb...

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...

G7 Disappointments; Deregulation and Consolidation

G7 Disappointments The Israeli-Iran war stole the thunder of the G7 meeting in Canada and while President Trump said ahead of the conference that he hoped to achieve trade deals, only the UK’s Keir Starmer has managed an agreement. However, G7 members are moving closer to Mr. Trump’...

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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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