The stronger U.S. dollar, talk that Ukraine was offering corn below U.S. prices and the overall selling mood in all commodities together eventually pushed corn to moderate losses. There is also a persistent rumor that Ukrainian corn might be headed for the U.S. General Comments Today was Friday the 13th and also the last trading day for March futures. Markets were quiet overnight but turned decidedly lower in today's session with soybeans leading the downward move. Corn and wheat traded higher early before eventually also dropping down by mid-morning. Crude oil was weak as U.S. supplies continue to build. The U.S. dollar just continues to rise. There was a prediction from Goldman Sachs that the euro would drop to $.85 by the end of 2017...
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.
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...