World Perspectives
feed-grains soy-oilseeds wheat

Commentary: CBOT Ends Lower with Better Weather in Sight

The CBOT was lower again at mid-week with funds continuing to pare back long positions amid a light news day. The U.S. weather forecast has shifted to feature more favorable planting conditions for most of the Midwest and Northern Plains in the next few weeks, which helped pressure corn, soybeans, and spring wheat for the day. Brazil’s looming safrinha crop continues to drive much of the market’s price action with better/worse forecasts pushing corn futures to and fro. Similarly, inexpensive wheat from the Black Sea undermines U.S. and other world exporters’ prospects and wheat futures were lower on rumors that U.S. firms may have booked some wheat from Europe for delivery to the Atlantic Coast. Funds were net sellers for...

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Political Risk to Agribusiness

The Biden Administration and others have already shown their animosity toward Big Ag. Heading into 2024 the hate may grow larger. The President’s reelection campaign, and that of the Democratic Party, is threatened by voter dissatisfaction with the economy. Specifically, they are upset ab...

feed-grains soy-oilseeds wheat

Market Commentary: Fewer Bears Ahead of WASDE

Confidence in short positions was slightly challenged today as traders positioned ahead of tomorrow’s USDA December WASDE. January soybeans jumped back 16.25 cents today, though not enough to offset a string of earlier double-digit losses. Thus far this week, January soybeans are down 13...

livestock

Livestock Roundup: China Hog and Pork Situation

CME cattle futures have grabbed the attention in the U.S., but in China, hog futures are the focus. January hog futures on the Dalian exchange are at a new contract low of ¥14.07/kg which is down about 4 percent. March futures are down about 3 percent with higher volume and a 10 percent dec...

Political Risk to Agribusiness

The Biden Administration and others have already shown their animosity toward Big Ag. Heading into 2024 the hate may grow larger. The President’s reelection campaign, and that of the Democratic Party, is threatened by voter dissatisfaction with the economy. Specifically, they are upset ab...

feed-grains soy-oilseeds wheat

Market Commentary: Fewer Bears Ahead of WASDE

Confidence in short positions was slightly challenged today as traders positioned ahead of tomorrow’s USDA December WASDE. January soybeans jumped back 16.25 cents today, though not enough to offset a string of earlier double-digit losses. Thus far this week, January soybeans are down 13...

livestock

Livestock Roundup: China Hog and Pork Situation

CME cattle futures have grabbed the attention in the U.S., but in China, hog futures are the focus. January hog futures on the Dalian exchange are at a new contract low of ¥14.07/kg which is down about 4 percent. March futures are down about 3 percent with higher volume and a 10 percent dec...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 24 Corn closed at $4.88/bushel, up $0.0375 from yesterday's close.  Mar 24 Wheat closed at $6.4225/bushel, up $0.0875 from yesterday's close.  Jan 24 Soybeans closed at $13.1175/bushel, up $0.1625 from yesterday's close.  Jan 24 Soymeal closed at $406.8/short ton, down $1.7 f...

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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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