World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy futures traded modestly higher overnight following yesterday’s weakness, although trading volume was in a holiday mode. The market was pulled between improving South American weather forecasts and expectations of more Chinese sales announcements. Prices remained firm early into the day session, helped by an array of daily export sales reports from USDA/FAS. Reported were the following: 426,800 MT of corn to Mexico, including 53,345 MT for 2019/20 100,000 NT of soymeal for Colombia 257,000 MT of soybeans to unknown destinations 204,000 MT of soybeans to China We do not recall the last time there were announcements of four daily export sales. However, the market’s mood turned sour when the Justice Dept. ann...

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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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