Other than outside factors that were largely ignored, grains and the soy complex had little to trade on today other than weather. Wheat reversed from the last few sessions to finish lower as did the soy complex slightly. General Comments The Labor Dept. reported that the broad Consumer Price Index (CPI) rose 0.2 percent in February. Though small, it is the first increase in the CPI since October and the biggest monthly gain since June 2014. The Fed's core inflation, which excludes food and energy, grew 1.7 percent. Today's report indicates that the overall rate of inflation remains low and well below the level that could trigger a more active discussion in the Federal Open Market Committee (FOMC) about raising interest rates. The Fed may...
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.