World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The CBOT continued making modest adjustments in the wake of Friday’s WASDE, but found relatively little new information upon which to trade. The USDA will resurvey parts of the Midwest where harvest was severely impacted by the fall weather, but even modest reductions to production estimates in those areas won’t make a big deal for the U.S. balance sheet. Consequently, from a supply-side view, the January WASDE/Crop Production reports are presenting the final numbers.    Trade at the CBOT was dominated by spread activity, particularly unwinding of long soybean/short corn spreads. The soy complex was broadly weaker though soymeal finished higher from soymeal/soyoil spread trade. Wheat futures traded a lackluster day th...

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.07/bushel, down $0.0375 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, up $0 from yesterday's close.  Nov 25 Soybeans closed at $9.945/bushel, up $0.0525 from yesterday's close.  Dec 25 Soymeal closed at $285/short ton, up $4.5 from yeste...

feed-grains soy-oilseeds wheat

Market Commentary: Steady Eddie Back to Work

It was a contrast of a mostly higher day but with new contract lows for corn and all three wheats. Corn wilted from private forecasts of big yields, and expectations of good crop conditions in contrast with slowed export inspections.  It was mostly steady on the first day of a new week wit...

Politics of Tariffs; Tariffs as a Tax

Politics of Tariffs The U.S. Court of Appeals for the Federal Circuit in Washington heard legal arguments last week regarding Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to circumvent Congress’s power to levy tariffs. The reported reaction of the co...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.07/bushel, down $0.0375 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, up $0 from yesterday's close.  Nov 25 Soybeans closed at $9.945/bushel, up $0.0525 from yesterday's close.  Dec 25 Soymeal closed at $285/short ton, up $4.5 from yeste...

feed-grains soy-oilseeds wheat

Market Commentary: Steady Eddie Back to Work

It was a contrast of a mostly higher day but with new contract lows for corn and all three wheats. Corn wilted from private forecasts of big yields, and expectations of good crop conditions in contrast with slowed export inspections.  It was mostly steady on the first day of a new week wit...

Politics of Tariffs; Tariffs as a Tax

Politics of Tariffs The U.S. Court of Appeals for the Federal Circuit in Washington heard legal arguments last week regarding Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to circumvent Congress’s power to levy tariffs. The reported reaction of the co...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Weather Disrupts Argentine Corn Harvest  Heavy rains have compounded weeks of high humidity in Buenos Aires province, marking July as the wettest in the core region in 40 years. While the improved soil moisture will be beneficial for corn planting that’s set to begin in about a month...

Image
From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up