World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Ignoring Weather, Modest Volume Sees Mostly Red

Grains and soybeans followed the overnight close by trading lower at the open. The early stretch just saw fractional declines but later in the morning, corn and soybeans took deeper dives. Volumes were modest to lower, except in cattle futures. Despite expectations that the current hotter, drier weather pattern will ding some quality in the crops, futures trading ironically focused on the present where there is a good start to the season.  The danger comes if the current heat and dryness become a longer-term pattern. If it is still hot and dry headed into next month, there will be a rush to add weather premium.  For the week, July corn is up 1.25 cents, July soybeans up a half-penny, November soybeans down 8 cents, and all three...

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Happy New Year!

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in 2026!  Please note that our next report will be issued on Friday, 2 January as the U.S. markets are closed for th...

feed-grains soy-oilseeds wheat

Market Commentary: January WASDE is the Future

The pre-holiday risk-off, profit-taking mode continued on the last trading day of 2025. Traders closed out the calendar year with the expected low-level enthusiasm. Positions were tidied up with few fresh inputs as the past is the past and the future is now the USDA January WASDE report. ...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4025/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.07/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $10.475/bushel, down $0.1475 from yesterday's close.  Mar 26 Soymeal closed at $299.4/short ton, down $...

Happy New Year!

The WPI team extends our best wishes to you and your families for a healthy and happy New Year. Thank you for your faithful readership, we are looking forward to serving you in 2026!  Please note that our next report will be issued on Friday, 2 January as the U.S. markets are closed for th...

feed-grains soy-oilseeds wheat

Market Commentary: January WASDE is the Future

The pre-holiday risk-off, profit-taking mode continued on the last trading day of 2025. Traders closed out the calendar year with the expected low-level enthusiasm. Positions were tidied up with few fresh inputs as the past is the past and the future is now the USDA January WASDE report. ...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4025/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.07/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $10.475/bushel, down $0.1475 from yesterday's close.  Mar 26 Soymeal closed at $299.4/short ton, down $...

livestock

Beef and Pork Past, Present and Future

USDA’s November slaughter data helps decode some of the outlook for 2026. There are the known knowns - cattle and hog numbers are down, weights are up, and the breeding inventory for cattle is growing while for hogs it remains constant. But stabilized dairy cow slaughter, lower sow slaugh...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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