Dec 26 Corn closed at $4.425/bushel, down $0.0575 from yesterday's close. Dec 26 Wheat closed at $5.9975/bushel, down $0.0675 from yesterday's close. Jan 27 Soybeans closed at $12.14/bushel, down $0.0275 from yesterday's close. Dec 26 Soymeal closed at $318/short ton, down $1.6 from yesterday's close. Dec 26 Soyoil closed at 65.28 cents/lb up 0.2 cents from yesterday's close. Dec 26 Live Cattle closed at $218.15/cwt down $1.55 from yesterday's close. Jan 27 Feeder Cattle closed at $328.375/cwt down $4.3 from yesterday's close. Dec 26 Lean Hogs closed at $58.6/cwt up $0.425 from yesterday's close. Dec 26 WTI Crude Oil closed at $96.63/barrel up $0.17 from yesterday's close. ...
Key Takeaways: The EU's new deforestation regulations, taking effect 30 December 2026, could alter global soymeal trade through stricter traceability requirements and higher compliance costs. Brazil's complex supply chains are likely to complicate compliance with the new regulations, potential...
The brewing West Coast port strike involving about 250 maritime watchmen, or approximately 2 percent of port employees, has been postponed until 5 November after the workers agreed to extend the strike deadline. The watchmen control and inspect truck and employee access at terminal gates. A sho...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s Karachi port has received a shipment of 51,000 MT of wheat in the past week, with another shipment of 59,000 MT scheduled to arrive this week. Although the wheat's origin was not specified, vessel tracking indicat...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.