World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: New Highs in Wheat and Cattle; Soymeal Crashes; Oil Rallies as Biden Increases Supply

CBOT futures were mixed on Tuesday with wheat once again leading the way higher with new contract highs, corn following, and the soy complex ending mixed. Persistent rain in the forecast for Australia, combined with logistics issues from Canadian flooding and drought in the Black Sea and U.S. Plains are providing ample worries for the wheat markets. Corn lacks much of a bullish story on its own, but rallies in wheat are offering secondary support to most feed grains. Soymeal fell sharply lower in technical selling and liquidation, which weighed on soybeans. The monthly Cold Storage report showed continued tight red meat and poultry supplies and a surprise increase in beef stocks. Beef stocks were up 8 percent at the end of October versus S...

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How bad will the Omicron Version of COVID be?

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales for November 19-25, 2021. Wheat:  Net sales of 79,900 metric tons (MT) for2021/2022--a marketing-year low--were down 86 percent from the previous week and 80 percent from the prior 4-week average.  Corn:  Net sales of 1,020,800 MT for 2021/2022 were down 29 percent f...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Bounce, Pullback as Omicron Detected in U.S.

The CBOT started the day higher with corn and the soy complex leading the way after “buy on the bounce” and “risk on” trade developed overnight and in the early morning. Confirmation from the EU that Omicron coronavirus cases present with relatively mild symptoms and a l...

China Strategy; Biotech Breakout

China Strategy The U.S., EU and Japan have agreed to collaborate on how to deal with non-market economic practices – read China. The debate over how to address China is the most important topic in Washington these days. Opinions are varied. Former U.S. State Department official Daniel Rus...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales for November 19-25, 2021. Wheat:  Net sales of 79,900 metric tons (MT) for2021/2022--a marketing-year low--were down 86 percent from the previous week and 80 percent from the prior 4-week average.  Corn:  Net sales of 1,020,800 MT for 2021/2022 were down 29 percent f...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Bounce, Pullback as Omicron Detected in U.S.

The CBOT started the day higher with corn and the soy complex leading the way after “buy on the bounce” and “risk on” trade developed overnight and in the early morning. Confirmation from the EU that Omicron coronavirus cases present with relatively mild symptoms and a l...

China Strategy; Biotech Breakout

China Strategy The U.S., EU and Japan have agreed to collaborate on how to deal with non-market economic practices – read China. The debate over how to address China is the most important topic in Washington these days. Opinions are varied. Former U.S. State Department official Daniel Rus...

livestock

AI Impact

As the media tracks the spread of the Omicron version of COVID, there are reports of additional outbreaks of highly pathogenic avian influenza (H5N1) in Europe. Like COVID, there are many varieties of avian influenza (AI) with low pathogenic the predominant form but high pathogenic forms consti...

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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.

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