Corn had been trading unchanged to lower overnight, but the export sales numbers did bring some buying to this morning's opening.The collapse in the euro, Canadian dollar and Aussie dollar continues to make U.S. wheat struggle in world markets. General Comments Markets were relatively quiet overnight without much news around to finish the week. USDA's weekly export sales report, which was delayed one day because of last Monday's holiday, did change the tenor of trade. Corn export sales were a marketing year high and net soybean export sales were a marketing year low. That pushed corn higher and soybeans lower early in today's session.The crude oil market was basically stable today and is still hovering in the $45-47 range. The U.S. dollar...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.