World Perspectives

Market Commentary: Geopolitical Risk Back in Play

What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...

Today’s Top insights
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.5625/bushel, down $0.08 from yesterday's close.  Sep 26 Wheat closed at $6.0775/bushel, down $0.1075 from yesterday's close.  Nov 26 Soybeans closed at $11.9225/bushel, down $0.055 from yesterday's close.  Dec 26 Soymeal closed at $311.2/short ton, down $...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...

FOB Prices and Freight Rates App (Updated 8 July)

WPI Grain Prices and Freight Rate App   Note: you can also visit the app directly by clicking here.   Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.5625/bushel, down $0.08 from yesterday's close.  Sep 26 Wheat closed at $6.0775/bushel, down $0.1075 from yesterday's close.  Nov 26 Soybeans closed at $11.9225/bushel, down $0.055 from yesterday's close.  Dec 26 Soymeal closed at $311.2/short ton, down $...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...

FOB Prices and Freight Rates App (Updated 8 July)

WPI Grain Prices and Freight Rate App   Note: you can also visit the app directly by clicking here.   Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.6425/bushel, up $0.065 from yesterday's close.  Sep 26 Wheat closed at $6.185/bushel, up $0.045 from yesterday's close.  Nov 26 Soybeans closed at $11.9775/bushel, up $0.055 from yesterday's close.  Dec 26 Soymeal closed at $316.5/short ton, up $3 from ye...

Can Lean Beef Futures Succeed Where Others Have Failed?

Key Takeaways:  The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.6425/bushel, up $0.065 from yesterday's close.  Sep 26 Wheat closed at $6.185/bushel, up $0.045 from yesterday's close.  Nov 26 Soybeans closed at $11.9775/bushel, up $0.055 from yesterday's close.  Dec 26 Soymeal closed at $316.5/short ton, up $3 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rallies Amid Weather Market; U.S. Revokes Iran’s Oil Licenses

What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...

livestock

Choice Boxed Beef Price Falls to Yearly Low

Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...

wheat

Why Middle Eastern and North African Wheat Demand Remains a Key Driver of Global Trade

Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is reported to have finalized the purchase of 270,000 MT of wheat, including 220,000 MT of U.S. wheat. The U.S. wheat is priced at $322/MT, with an additional 50,000 MT of wheat at $297.90/MT through an international te...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 7 July)

Developer's Note:  Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.5775/bushel, up $0.1625 from yesterday's close.  Sep 26 Wheat closed at $6.14/bushel, up $0.1425 from yesterday's close.  Nov 26 Soybeans closed at $11.9225/bushel, up $0.445 from yesterday's close.  Dec 26 Soymeal closed at $313.5/short ton, up $9.1 from...

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