World Perspectives

Agencies and Buildings; Reactions to Tariffs; USMCA Civil Disobedience

Agencies and Buildings Donald Trump’s flurry of actions to upset the status quo in Washington is upsetting bureaucrats, but perhaps not Democrats. When your opponent is digging a hole to fall into, get out of the way. As Steven Englander of Standard Chartered framed it, “He seems to be like a poker player who’s betting his whole stash on the first hand.” There is nothing elegant or sophisticated about Mr. Trump’s approach. He is once again all bull in the China Closet.  His attack on the U.S. Agency for International Development (USAID) is based on the average American’s view that more money should be spent at home rather than on foreign countries. The agency does a lot of good but it doesn’t h...

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Export Sales

Export Sales and Shipments for March 14-20, 2025.   Wheat: Net sales of 100,300 metric tons (MT) for 2024/2025 were down noticeably from the previous week and down 65 percent from the prior 4-week average. Export shipments of 428,700 MT were down 9 percent from the previous week, but...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5/bushel, down $0.0125 from yesterday's close.  May 25 Wheat closed at $5.32/bushel, down $0.0325 from yesterday's close.  May 25 Soybeans closed at $10.1675/bushel, up $0.1575 from yesterday's close.  May 25 Soymeal closed at $294.5/short ton, up $0.9 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Speculating About Monday

Futures traded bearishly mixed. The start of the trade war, the possible hiatus in the Ukraine war, static weather conditions, and major USDA reports to be issued on Monday all keep traders in a cautious position.  Today’s USDA Export Sales report covering last week’s activity...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 14-20, 2025.   Wheat: Net sales of 100,300 metric tons (MT) for 2024/2025 were down noticeably from the previous week and down 65 percent from the prior 4-week average. Export shipments of 428,700 MT were down 9 percent from the previous week, but...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5/bushel, down $0.0125 from yesterday's close.  May 25 Wheat closed at $5.32/bushel, down $0.0325 from yesterday's close.  May 25 Soybeans closed at $10.1675/bushel, up $0.1575 from yesterday's close.  May 25 Soymeal closed at $294.5/short ton, up $0.9 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Speculating About Monday

Futures traded bearishly mixed. The start of the trade war, the possible hiatus in the Ukraine war, static weather conditions, and major USDA reports to be issued on Monday all keep traders in a cautious position.  Today’s USDA Export Sales report covering last week’s activity...

livestock

Livestock Roundup: Hogs and Pigs Report

USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 March was 74.5 million head. This was down slightly from 1 March 2024 and down 1 percent from 1 December.   Breeding inventory, at 5.98 million head, was down 1 percent from last year, and...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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