World Perspectives
feed-grains

AM Outlook - Congestive, Constructive, Bearish, Friendly

GOOD MORNING, Prices opened fairly close to home with wheat again the firm trade out, and all else mixed to slightly lower.  During the PM session, prices firmed around the board led by soyoil.   Egypt is in for wheat, and we will see what origin they purchase.  Meal is trying to hang on to trading lows while soyoil continues to put in dynamic upside trade.  Soyoil is firmer on the back of palm oil, which gapped to new ctr highs today.  Other commodities also have a bid, with cotton closing limit and at 10-year highs.  Crude oil remains on a path towards $80/barrel.   The October WASDE report is next week, and there are more guesses about yields crossing the headlines.   IHS Markit fo...

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feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Falls on Brazilian Weather; Wheat Rises on Ukraine News

The Thanksgiving holiday isn’t until next week, but the CBOT is starting to feel like traders are taking their vacation time a little early. Trading volumes were muted on Wednesday and other than the KC wheat market and soyoil futures, none of the major ag markets made major technical moves. Ma...

livestock

Turkey is a Turkey

And we don’t mean Türkiye. Turkey can mean unsuccessful and the production and trade in the domesticated large bird called the turkey leaves much to be desired. It originated in North America and that is where it has mostly stayed. The U.S. produces about half the world’s turkey meat. U.S. and...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.3025/bushel, up $0.03 from yesterday's close. Dec 24 Wheat closed at $5.525/bushel, up $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.905/bushel, down $0.08 from yesterday's close. Dec 24 Soymeal closed at $289.4/short ton, up $0.8 from yest...

feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Falls on Brazilian Weather; Wheat Rises on Ukraine News

The Thanksgiving holiday isn’t until next week, but the CBOT is starting to feel like traders are taking their vacation time a little early. Trading volumes were muted on Wednesday and other than the KC wheat market and soyoil futures, none of the major ag markets made major technical moves. Ma...

livestock

Turkey is a Turkey

And we don’t mean Türkiye. Turkey can mean unsuccessful and the production and trade in the domesticated large bird called the turkey leaves much to be desired. It originated in North America and that is where it has mostly stayed. The U.S. produces about half the world’s turkey meat. U.S. and...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.3025/bushel, up $0.03 from yesterday's close. Dec 24 Wheat closed at $5.525/bushel, up $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.905/bushel, down $0.08 from yesterday's close. Dec 24 Soymeal closed at $289.4/short ton, up $0.8 from yest...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 11 – 15 November 2024Russian Union of Grain producers and exporters announced that winter wheat area for 2025/26 may drop to 15.4 Mha which will be the smallest planted winter crops area since 2018/19. Particularly, wheat area may drop by 0.9 Mha to 16.3 Mha, and after wi...

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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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