World Perspectives
feed-grains

WASDE Corn

USDA reduced their estimate for U.S. corn ending stocks by 110 million bushels to 2,111 million bushels for 2023/24. This is still a healthy ending stocks, but the estimated season-average corn price received by U.S. farmers was raised 5 cents to $4.95 per bushel. Global corn stocks are down 1.6 million to 312.4 million tons...

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Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Bulls Rest Amid Quiet Headlines but Weather Minimizes Downside Potential

The CBOT was mixed to close a week that has generally featured quiet or range-bound trade (except the soyoil market) with traders seemingly weighing their long-term outlooks amid conflicting weather and production signals. Wheat was lower on Friday with pressure coming from larger-than-expected...

feed-grains wheat soy-oilseeds

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.525/bushel, down $0.045 from yesterday's close.  Jul 24 Wheat closed at $6.5125/bushel, down $0.12 from yesterday's close.  Jul 24 Soybeans closed at $12.28/bushel, up $0.1175 from yesterday's close.  Jul 24 Soymeal closed at $368.8/short ton, up $1.1 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Rest Amid Quiet Headlines but Weather Minimizes Downside Potential

The CBOT was mixed to close a week that has generally featured quiet or range-bound trade (except the soyoil market) with traders seemingly weighing their long-term outlooks amid conflicting weather and production signals. Wheat was lower on Friday with pressure coming from larger-than-expected...

feed-grains wheat soy-oilseeds

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.525/bushel, down $0.045 from yesterday's close.  Jul 24 Wheat closed at $6.5125/bushel, down $0.12 from yesterday's close.  Jul 24 Soybeans closed at $12.28/bushel, up $0.1175 from yesterday's close.  Jul 24 Soymeal closed at $368.8/short ton, up $1.1 fro...

soy-oilseeds

Oilseeds Highlights: Defying the Odds

The Market Despite worries about used cooking oil imports, slow exports, and a drop in the NOPA crush, July soybeans closed the week up 9 cents (0.73 percent) at 1228/bushel. Traders must have Brazilian flooding on their minds. However, the November contract lost 2.5 cents (-0.18 percent) to en...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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