Soybeans Market Overview After several weeks of uncertainty, the market is starting to realize that the trade war won’t find a short-term solution. The Chinese purchases that U.S. exporters were waiting for never appeared and suddenly the Chinese have started looking for more Brazilian soybeans. Sport offers started to trade again with more demand for October and November positions, showing Chinese crushers’ need to cover nearby positions as no more U.S. soybeans were traded. This supported Brazilian basis for November positions, which traded last week at 189X CNF, 8 cents higher than prior sales. Brazil October Brazilian soybean exports will probably exceed September volumes, showing a changing trend after 6 str...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...