Bears were once again in control of the CBOT on Tuesday as the effects of the January WASDE continue to ripple through markets. Tuesday’s trade also saw the bearish effects of rising U.S. political tensions after President Trump announced the implementation of a 25 percent tariff on any country that does business with Iran. That could complicate trade with China and possibly invite another retaliation against soybeans, and the soy complex traded lower on the news. Soybeans now appear caught in a triangular tug-of-war between Trump, Iran, and China, which is hardly a comforting position any commodity market. The overall theme of the day was that the U.S. has plenty of grains and oilseeds available for the 2025/26 marketing years...
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.