World Perspectives
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The CFTC report was in line with expectations again as it showed funds engaged in the expected buying in corn and across the soy complex. Perhaps the biggest feature of the report was funds’ exchange of a small net short in soybeans for a modest long of 58,000 contracts, after they bought over 72,000 contracts net last week. The switch from short to long indicates the soybean market has likely seen its lows for the season and will continue to grind at least sideways if not higher heading into the North American growing season. Also of note in the soy complex was ...

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Trump Announces Farm Bailout

President Trump announced a total of $12 billion in funding for an ag agriculture bailout program yesterday. The funds will come from tariff revenue collected from the new tariffs.   The package includes $11 billion in one-time payments to crop farmers through a new USDA program, the...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region North African and Middle East wheat, corn, and barley importers will see more competition from Russian grains as Russia has reduced its grain export taxes to zero. Russia hopes to increase grain exports which are down by 13.3 perc...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

Trump Announces Farm Bailout

President Trump announced a total of $12 billion in funding for an ag agriculture bailout program yesterday. The funds will come from tariff revenue collected from the new tariffs.   The package includes $11 billion in one-time payments to crop farmers through a new USDA program, the...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region North African and Middle East wheat, corn, and barley importers will see more competition from Russian grains as Russia has reduced its grain export taxes to zero. Russia hopes to increase grain exports which are down by 13.3 perc...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Factors, SA Weather and Exports Sink CBOT

The CBOT was mostly lower to start the week with traders reluctant to add bullish risk ahead of the USDA’s WASDE report on Tuesday. Too, technical weakness rapidly enveloping the soy complex spooked traders and prompted a more cautious approach. Favorable weather in Brazil, slow soybean s...

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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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