World Perspectives
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The major finding of Friday’s CFTC report was the confirmation that funds have officially flipped their formerly massive net short in corn to a net long. After buying back nearly 40,000 contracts last week, funds now sit long 3,035 contracts as of 5 November, a position which was extended significantly last week. Funds’ move to the long side of the corn market indicates the seasonal lows in the corn market were made back in August and the outlook now is for the seasonal grind higher to commence. While funds were committed net buyers in corn...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5425/bushel, down $0.035 from yesterday's close.  May 26 Wheat closed at $5.975/bushel, down $0.1875 from yesterday's close.  May 26 Soybeans closed at $11.685/bushel, down $0.025 from yesterday's close.  May 26 Soymeal closed at $318.2/short ton, up $1.8...

feed-grains soy-oilseeds wheat

Market Commentary: Plenty of Information — No Clear Direction

Key Market Developments Macro: Tension Without Direction Markets are trading the tension between escalation and resolution — and neither side has control. Both equities and commodities tested key technical levels this week before reversing sharply on headlines suggesting — at least...

AI Disaster; Fringe Opinions; NTE 40th Update

AI Disaster Opponents of artificial intelligence, like Senator Bernie Sanders (S-Vermont), warn that the technology risks the end of the human race. So-called AI “doomers” are campaigning to stall advancements out of precaution, mostly fearing adverse impacts on the labor force. The...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5425/bushel, down $0.035 from yesterday's close.  May 26 Wheat closed at $5.975/bushel, down $0.1875 from yesterday's close.  May 26 Soybeans closed at $11.685/bushel, down $0.025 from yesterday's close.  May 26 Soymeal closed at $318.2/short ton, up $1.8...

feed-grains soy-oilseeds wheat

Market Commentary: Plenty of Information — No Clear Direction

Key Market Developments Macro: Tension Without Direction Markets are trading the tension between escalation and resolution — and neither side has control. Both equities and commodities tested key technical levels this week before reversing sharply on headlines suggesting — at least...

AI Disaster; Fringe Opinions; NTE 40th Update

AI Disaster Opponents of artificial intelligence, like Senator Bernie Sanders (S-Vermont), warn that the technology risks the end of the human race. So-called AI “doomers” are campaigning to stall advancements out of precaution, mostly fearing adverse impacts on the labor force. The...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 23–27 March 2026 The Russian grains market was stable to slightly firmer during the week. Export activity and port trading remained slow, while the domestic market and inland trade reflected firmer farmer price expectations. Even so, gains were limited, and the broa...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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