World Perspectives

Market Commentary: “Chances” for Peace and Disinflation; Cattle Market Meddling

What You Need to Know Today: Wheat futures pulled back sharply after Russian President Putin said there was a “chance” for peace and an agreement to end the war in Ukraine. There is plenty of skepticism about the opportunity for peace in Ukraine, but that didn’t stop wheat fr...

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

Summary of Futures

Dec 26 Corn closed at $5.4075/bushel, down $0.0275 from yesterday's close.  Dec 26 Wheat closed at $7.5425/bushel, down $0.1975 from yesterday's close.  Nov 26 Soybeans closed at $13.1625/bushel, up $0.06 from yesterday's close.  Dec 26 Soymeal closed at $355.5/short ton, up $5.9...

farm-inputs

New Louisiana Plant to Boost U.S. Phosphate Fertilizer Production

Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...

livestock

Understanding Wool Marketing: How U.S. Prices Move With Australia Using the Last Five Years of Data

A Small Industry Tied to a Global Benchmark The U.S. wool industry is small by global standards but heavily export-dependent, with roughly 60 percent of U.S. wool leaving the country each year. Australia, by contrast, dominates world wool trade. Because the U.S. lacks a deep domestic auction ma...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $5.4075/bushel, down $0.0275 from yesterday's close.  Dec 26 Wheat closed at $7.5425/bushel, down $0.1975 from yesterday's close.  Nov 26 Soybeans closed at $13.1625/bushel, up $0.06 from yesterday's close.  Dec 26 Soymeal closed at $355.5/short ton, up $5.9...

farm-inputs

New Louisiana Plant to Boost U.S. Phosphate Fertilizer Production

Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...

livestock

Understanding Wool Marketing: How U.S. Prices Move With Australia Using the Last Five Years of Data

A Small Industry Tied to a Global Benchmark The U.S. wool industry is small by global standards but heavily export-dependent, with roughly 60 percent of U.S. wool leaving the country each year. Australia, by contrast, dominates world wool trade. Because the U.S. lacks a deep domestic auction ma...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $5.435/bushel, down $0.025 from yesterday's close.  Dec 26 Wheat closed at $7.74/bushel, down $0.085 from yesterday's close.  Nov 26 Soybeans closed at $13.1025/bushel, down $0.075 from yesterday's close.  Dec 26 Soymeal closed at $349.6/short ton, down $3 f...

Livestock Round Up: Keeping Up With the Beef Market Policies

President Trump has opened the door to 100,000 MT of beef lean trimmings (limited to HTS codes 0201.30.5091, 0201.30.5097, 0202.30.5091, and 0202.30.5097) from countries listed under the “Other Countries” TRQ effective 1 September. These imports would not be subject to the over-quot...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $5.435/bushel, down $0.025 from yesterday's close.  Dec 26 Wheat closed at $7.74/bushel, down $0.085 from yesterday's close.  Nov 26 Soybeans closed at $13.1025/bushel, down $0.075 from yesterday's close.  Dec 26 Soymeal closed at $349.6/short ton, down $3 f...

feed-grains soy-oilseeds wheat

Market Commentary: The Calendar Is Not in Control

Energy: Risk Over Rules Fighting between the United States and Iran over control of the Strait of Hormuz escalated overnight. Tehran accused U.S. forces of striking a residential area after U.S. Central Command said its second round of attacks in three days targeted Iranian radar systems and mi...

softs

Failing to Learn from History, Ghana Locks Down Cocoa Acres

Key Takeaways:  Ghana’s new law classifies all cocoa plantations as “protected farms,” which carries significant implications for farmers. Chief among these implications is the inability to switch area under cocoa to other crops, even when economic or biological conditio...

soy-oilseeds biofuel

Paraguay’s Unique Place in the Global Soybean Trade

Key Takeaways: Paraguay typically ranks among the world’s largest soybean exporters, with roughly two-thirds of its production destined for export markets, although most shipments remain within South America. As a landlocked country, Paraguay relies heavily on the Paraguay-Paraná...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 24–28 August 2026 During the fourth week of August, the Russian grain market continued to slide, although the pace of the decline slowed. The immediate market reaction and collapse in export activity have placed significant pressure on farmers. Price declines vary b...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $5.46/bushel, up $0.0825 from yesterday's close.  Dec 26 Wheat closed at $7.825/bushel, up $0.085 from yesterday's close.  Nov 26 Soybeans closed at $13.1775/bushel, up $0.2975 from yesterday's close.  Dec 26 Soymeal closed at $352.6/short ton, up $7.3 from...

feed-grains soy-oilseeds wheat

Market Commentary: Contract Highs to Start September; Demand Destruction is the Point

What You Need to Know Today: The EPA offered an extension for 2025 RSF compliance reporting from 1 September 2026 to 1 October 2026 and announced decisions on requests to exempt 34 small refineries from the requirements. The U.S. is stepping up attacks against Iran after two tankers carrying c...

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