World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Overnight news that Australia’s 2019/20 wheat crop will be smaller than expected set the stage for a sharp rally in the CBOT wheat markets. Morning calls were for wheat to open higher and pull corn along with it, which is exactly what happened. Few, if any, analysts, however, expected wheat to post gains of 20+ cents for the day, but both KC and Chicago wheat did just that. The soy complex spent most of the day trading with a weaker tone but short covering in soymeal helped that market to a higher close.  The biggest news of the day was the release of a list of U.S. commodities for which companies can apply for import tariff waivers this year. The list includes 696 products that are eligible for tariff exclusion (including soybe...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 4-10, 2025.  Wheat: Net sales of 76,500 metric tons (MT) for 2024/2025 were down 29 percent from the previous week, but up 2 percent from the prior 4-week average. Export shipments of 483,500 MT were up 43 percent from the previous week and 11 percent f...

livestock

Cattle on Feed - April 2025

U.S. cattle on Feed totaled totaled 11.6 million head on April 1, 2025 - 2 percent below April 1, 2024.  Placements in feedlots during March totaled 1.84 million head, 5 percent above 2024.  Marketings of fed cattle during March totaled 1.73 million head, 1 percent above 2024.  O...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8225/bushel, down $0.02 from yesterday's close.  May 25 Wheat closed at $5.4875/bushel, up $0.01 from yesterday's close.  May 25 Soybeans closed at $10.365/bushel, down $0.0225 from yesterday's close.  May 25 Soymeal closed at $295.6/short ton, down $1.1...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 4-10, 2025.  Wheat: Net sales of 76,500 metric tons (MT) for 2024/2025 were down 29 percent from the previous week, but up 2 percent from the prior 4-week average. Export shipments of 483,500 MT were up 43 percent from the previous week and 11 percent f...

livestock

Cattle on Feed - April 2025

U.S. cattle on Feed totaled totaled 11.6 million head on April 1, 2025 - 2 percent below April 1, 2024.  Placements in feedlots during March totaled 1.84 million head, 5 percent above 2024.  Marketings of fed cattle during March totaled 1.73 million head, 1 percent above 2024.  O...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8225/bushel, down $0.02 from yesterday's close.  May 25 Wheat closed at $5.4875/bushel, up $0.01 from yesterday's close.  May 25 Soybeans closed at $10.365/bushel, down $0.0225 from yesterday's close.  May 25 Soymeal closed at $295.6/short ton, down $1.1...

feed-grains soy-oilseeds wheat

Pre-Holiday Low Volume with Mixed Outcomes

There might be more life on the planet K2-18b than was seen in some of the trading pits today. While some contracts closed higher and others lower, the one consistent thing was lower pre-holiday volume across grains and oilseeds.  Ahead of a three-day market hiatus, all major contracts clo...

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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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