World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Declining Demand and OI

GOOD MORNING, Prices started the night with more losses as we head into the last week of July.  The lack of demand and overall reductions in fund length continues to send prices into large sideways trading ranges.  Open interest numbers continue to decline week on week for beans, corn, and wheat, which is negative for current prices as more traders opt out of long positions.   Demand from China has been lagging, and more private estimates for a record corn yield add weight to a seasonal that proves negative for corn this time of year.  Last year, China purchased about 58% of stated commitments, but covid-19 and trade disruptions this year may change that.  As of May 1, the US was about 15% behind year ago.&nb...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for July 4-10, 2025.  Wheat: Net sales of 494,400 metric tons (MT) for 2025/2026 were down 13 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 432,900 MT were down 3 percent from the previous week, but up 7 perce...

feed-grains soy-oilseeds wheat

Market Commentary: Quirky Day in a Quirky Week

It was a somewhat quirky day as grains took their lumps and soyoil supported beans. There was a new contract low in HRW, low volume trading corn and livestock, but high volume in soyoil. After trading 40,000 contracts, December soymeal settled unchanged, and moving in mere fractions, September...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.21/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.335/bushel, down $0.0775 from yesterday's close.  Nov 25 Soybeans closed at $10.265/bushel, up $0.06 from yesterday's close.  Dec 25 Soymeal closed at $283.5/short ton, up $0 from ye...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for July 4-10, 2025.  Wheat: Net sales of 494,400 metric tons (MT) for 2025/2026 were down 13 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 432,900 MT were down 3 percent from the previous week, but up 7 perce...

feed-grains soy-oilseeds wheat

Market Commentary: Quirky Day in a Quirky Week

It was a somewhat quirky day as grains took their lumps and soyoil supported beans. There was a new contract low in HRW, low volume trading corn and livestock, but high volume in soyoil. After trading 40,000 contracts, December soymeal settled unchanged, and moving in mere fractions, September...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.21/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.335/bushel, down $0.0775 from yesterday's close.  Nov 25 Soybeans closed at $10.265/bushel, up $0.06 from yesterday's close.  Dec 25 Soymeal closed at $283.5/short ton, up $0 from ye...

Identifying Mispricing Opportunities in Ag Futures

In many ways, human nature is fascinated with the future – predicting what will and what could be and formulating plans accordingly. This is one factor that makes commodity futures markets inherently intriguing – their role in foretelling the future. As WPI readers have likely exper...

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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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