World Perspectives
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Through 8 October, funds continued to exit their formerly massive short positions in corn and soybean futures and now hold a small fraction of that commitment. Funds covered 40 percent of their short position in soybeans and are now only short 18,000 contracts. Similarly, funds bought back half their short position in corn – a reasonably heavy lift of 37,000 contracts – and are now still short roughly 35,000 contracts. The continued buying and the relative banality of the October WASDE mean...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Some Bouncing Off the Week’s Lows

Except for soyoil and SRW, the market provided a rebound today for the agricultural commodity markets. Most contracts reflected their overnight closes. Key points for today and the week include the following: New contract lows were printed this week in soybeans, soyoil, SRW, and HRS.  Only...

livestock

December Cattle on Feed Report in Line with Expectations

USDA released the monthly Cattle on Feed report today. The total cattle on feed inventory was 12 million head, the same as last year, as expected. Placements also were as expected, and marketings were slightly above November 2023.  12202024dj.png 22.92 KBNovember marketings as a percent of...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4625/bushel, up $0.055 from yesterday's close. Mar 25 Wheat closed at $5.33/bushel, up $0 from yesterday's close. Jan 25 Soybeans closed at $9.745/bushel, up $0.115 from yesterday's close. Mar 25 Soymeal closed at $302.2/short ton, up $11.2 from yesterday...

feed-grains soy-oilseeds wheat

Market Commentary: Some Bouncing Off the Week’s Lows

Except for soyoil and SRW, the market provided a rebound today for the agricultural commodity markets. Most contracts reflected their overnight closes. Key points for today and the week include the following: New contract lows were printed this week in soybeans, soyoil, SRW, and HRS.  Only...

livestock

December Cattle on Feed Report in Line with Expectations

USDA released the monthly Cattle on Feed report today. The total cattle on feed inventory was 12 million head, the same as last year, as expected. Placements also were as expected, and marketings were slightly above November 2023.  12202024dj.png 22.92 KBNovember marketings as a percent of...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4625/bushel, up $0.055 from yesterday's close. Mar 25 Wheat closed at $5.33/bushel, up $0 from yesterday's close. Jan 25 Soybeans closed at $9.745/bushel, up $0.115 from yesterday's close. Mar 25 Soymeal closed at $302.2/short ton, up $11.2 from yesterday...

softs

Cocoa Market Outlook: Futures Overbought but Demand Rationing to Continue

The 2024/25 cocoa market outlook is dominated by production concerns and continuing tightness in global stocks-to-grindings levels. The latter point will likely keep futures and physical prices elevated as the market works to ration demand amid a fourth straight year of weak production from Wes...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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