World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Numbers Day

GOOD MORNING, Report time and we will be more informed after we see the numbers.  Wheat gets a boost from comments from Russia about trying to contain rising domestic prices, which suggests they may decide to limit exports once again.  Shorts in wheat cover and the chart builds on gains from the overall lows.  All prices are higher trending back towards the middle of recent ranges.    In other stories, Chinese farmers are said to be selling their corn crops faster than usual, with most major producing areas said to be 40-50% sold, according to one trading firm.  Beijing has signaled that prices are too high and that there could be more policy intervention if prices remain elevated. Brazil's CONAB released it...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3525/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.5475/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $324.8/short ton, up $7.4 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Rally as China Cuts Tariffs; Cattle Implosion Continues

Trade was once again at the forefront of the CBOT’s trade on Wednesday, with reductions in Chinese tariffs, rumors of Chinese buying, and a dimming political outlook for President Trump’s tariff regime being the most salient factors.  China announced today that it will cut tari...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3525/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.5475/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $324.8/short ton, up $7.4 fr...

FOB Prices and Freight Rates App (Updated 5 November)

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 “How To”...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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