World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The CBOT was mixed with corn and soybeans higher on short-covering and fundamental support heading into Wednesday’s WASDE. End-users were net buyers in corn and funds covered some of their short position as well. Soybeans posted 4-6 cent gains as the market bounced from technical support and found comfort in USDA’s daily export sales announcements. Wheat was mostly lower amid a steady stream of news about the big and ever-growing Russian crop.  The USDA reported three daily “flash” export sales announcements – all of which were for soybeans:  111,000 MT sold to “unknown” destinations for 2020/21, 324,000 MT sold to China for 2020/21, 264,000 MT sold to China for 2020/21...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 5-11, 2024 Wheat:  Net sales reductions of 93,600 metric tons (MT) for 2023/2024 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 487,800 MT were down 22 percent from the previous week, but unchanged fro...

feed-grains soy-oilseeds wheat

Market Commentary: Looking for Market Movers

The bearishness continues as South America crops loom and Northern Hemisphere weather is stable. The impending flood of Argentine soymeal and soyoil onto the market sent the May soyoil contract to a new low.  There was nothing in today’s weekly USDA Export Sales report to alter the...

Transatlantic GI’ing Consumers; Political Expediency, Oh My

Transatlantic GI’ing Consumers Politicians on both sides of the Atlantic protest big business and their sacrilegious capitalism. Yet sometimes it is government screwing the consumer to boost private profits. Parmigiano Reggiano was a prized and premium priced cheese before obtaining the E...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 5-11, 2024 Wheat:  Net sales reductions of 93,600 metric tons (MT) for 2023/2024 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 487,800 MT were down 22 percent from the previous week, but unchanged fro...

feed-grains soy-oilseeds wheat

Market Commentary: Looking for Market Movers

The bearishness continues as South America crops loom and Northern Hemisphere weather is stable. The impending flood of Argentine soymeal and soyoil onto the market sent the May soyoil contract to a new low.  There was nothing in today’s weekly USDA Export Sales report to alter the...

Transatlantic GI’ing Consumers; Political Expediency, Oh My

Transatlantic GI’ing Consumers Politicians on both sides of the Atlantic protest big business and their sacrilegious capitalism. Yet sometimes it is government screwing the consumer to boost private profits. Parmigiano Reggiano was a prized and premium priced cheese before obtaining the E...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.2675/bushel, down $0.035 from yesterday's close.  Jul 24 Wheat closed at $5.53/bushel, up $0.0075 from yesterday's close.  May 24 Soybeans closed at $11.3425/bushel, down $0.1525 from yesterday's close.  May 24 Soymeal closed at $338/short ton, down $0.7...

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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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