World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Gapping Higher

GOOD MORNING, Prices are higher this morning as we begin a new month.  The Commitment-of-Traders report finds that funds did not do much adjusting to their positions and remain net long for everything.  May beans gap higher overnight on continuing dry weather in Argentina, while China's Dalian Exchange futures which hit a record high on Monday on tight supply.  Soyoil is higher following crude and canola. Wheat prices are firm following world values, with Russian export prices rising for the second consecutive week.   Matif wheat and corn prices are higher supporting US commodities. Inflows to commodities continue as traders look at inflation ahead.  Despite higher short-term bond yields there is still talk f...

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

Bullish sentiments have been driving the CBOT higher since last week’s U.S.-China trade talks, but bears finally made an appearance on Tuesday. The CBOT saw the entire soy complex pullback as China has not confirmed anything about what the Trump administration claims was agreed to in Sout...

Supreme Court to Hear Tariff Case Tomorrow

The Supreme Court will hear the case on President Trump’s tariffs tomorrow, and leading into the court session the White House is exuding confidence that the Court will uphold the President’s tariff powers under the 1977 International Economic Emergency Powers Act (IEEPA). However,...

Inspiring Change; Transactional Ag; USMCA Attack

Inspiring Change U.S. President Donald Trump’s assault on NATO was unpleasant, especially for Europe. Yet the result was European capitals finally agreeing to boost their own financial commitment to the pact instead of continuing to free ride on U.S. taxpayers. Now the same inspiration fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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