World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Post-Thanksgiving Day trade at the CBOT/CME featured the expected light volume but some unexpected fund buying in grains. The first notice day for December futures brought no deliveries against corn or wheat futures. There were, however, 319 soymeal deliveries and 226 soyoil tenders. The lack of corn/wheat delivered spurred fund buying from the open and a lack of sell-side interest allowed wheat to post double-digit gains and corn to finish nearly 8 cents higher.  The weekly Export Sales report was – as it has been this entire marketing year – bearish corn, bullish soybeans, and neutral wheat. The encouraging sign for bulls, however, is that the net sales figures were higher than pre-report expectations for corn and soybea...

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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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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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