It was a rather strange day for grain and soy markets, which saw prices swinging in wide trading ranges. General Comments It was a rather strange day for grain and soy markets, which saw prices swinging in wide trading ranges. The Globex overnight session watched the soy complex continue Monday's strength, while the grains traded both sides before sliding lower. Volume was moderate. The day session opened with a similar pattern of soybeans moving higher with the grains not very successfully trying to follow. July soybeans bumped up against resistance at $15.00, and November soybeans found resistance at an old trend line near $12.57.Had prices been able to hold or even exceed these price levels, it would have been a key technical victory...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.