World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The CBOT opened with soybeans moving higher on a combination of short covering, improving technical conditions, and rumors of Chinese purchases of U.S. soybeans. WPI sources note that China secured several (at least 5 and possibly up to 15 cargoes?) of U.S. soybeans in recent days with duty-free import quotas having been granted to U.S. companies. Reuters reported that China has granted 1 MMT of duty-free imports to U.S. firms. The grain markets were steady/weaker with little fundamental news or reasoning to move one way or the other. Long soy complex/short corn/wheat trade sent the latter two commodities lower for the day.  The weekly Export Inspections report showed slight improvements in corn shipments, with 18.9 million bushels (m...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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AI and Agriculture AI is the rage with some warning it will lead to human extinction, and others comparing its transformative impacts to the internet and smart phones. Those technologies have had their share of ethical concerns but the genie is now out of the bottle and short of government regu...

feed-grains soy-oilseeds wheat

Market Commentary: Calm Before the Reports

All the major contracts opened in the green but by the close only soymeal, HRW, and the livestock complex remained that way. Profit-taking was one aspect but most noticeable was lower volume for most of the markets, and a narrow trading range for many. It appeared that everything was positioned...

feed-grains soy-oilseeds wheat

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livestock

Hogs and Pigs Report: Status Quo Numbers

USDA released its first quarterly Hogs and Pigs report for the year today. At 72.86 million head, the total inventory as of 1 March was slightly above last year’s 72.69 million head.  The report was generally in line with pre-report expectations, except there were a few more market...

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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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