Grains and oilseed markets defied their traditional post-4th of July fireworks and simply did nothing today. Wheat was the exception, rising 20 cents, while corn was lackluster. Oh yeah, soybeans hit a new contract low. For now, the world waits to see what will happen with the U.S.-China trade war. Rumors are circulating that China’s SinoGrain may be exempt from the 25 percent tariff for soybeans imported for the State Reserves. This could be an interesting way for China to access the U.S. crop will still technically participating in the trade war. Time will tell how the details iron out. Drought conditions were steady for most of the U.S. agricultural areas this week, with some dryness expanding in Kansas, Oklahom...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.