Today's markets provided something for everyone, depending on when you looked. The corn market badly needs a story to tell, but it may not get one until the stocks and planting intentions report on 31 March – if then. General Comments Today's markets provided something for everyone, depending on when you looked. Grain and soy contracts all traded on both sides of Monday's closes but without establishing anything resembling a new trend. Corn and wheat prices are stuck sideways in the same trading range they have been in for a month or more. The soybean market seems conflicted. Facing huge soybean supplies, it acts as though it wants to work lower but is afraid to do so in case another strike pops up in Brazil to interfere with soybean move...
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.
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...