World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Markets were soft in the Sunday evening session. There was light rainfall across 20-25 percent of Argentina with another chance for showers later this week. The forecast for the southern Plains still looks warm and dry, but KC wheat futures were the weakest overnight. Concerns over the expanding length of fund longs in corn and soybeans coupled with last Friday’s very weak closes kept the trade nervous heading into this week. Markets weakened further at today’s opening and never found much additional selling, gradually returning to unchanged or slightly higher. USDA announced two corn export sales this morning: 108,000 MT to Japan and 255,000 MT to unknown. U.S. equity markets started the day quite strong and then turned mixed...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: Diminishing Energy Impacts on CBOT Trade

Tuesday’s energy markets took back about half of Monday’s losses as tensions in the Arab Gulf flared again, despite recent announcements of diplomatic talks and a five-day cooling-down period from the U.S. Overnight, Iran and Israel launched new rounds of attacks on each other, and...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.625/bushel, up $0.03 from yesterday's close.  May 26 Wheat closed at $5.9/bushel, up $0.0225 from yesterday's close.  May 26 Soybeans closed at $11.55/bushel, down $0.085 from yesterday's close.  May 26 Soymeal closed at $322.4/short ton, down $4.2 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Diminishing Energy Impacts on CBOT Trade

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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