World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Trading volume was light today. Corn and wheat were slightly lower through most of the day, while soybeans traded a penny or two higher for a brief time and then returned to fractionally lower levels or unchanged by the close. There were no export sales announcements today. Yesterday’s weekly export sales report was not very impressive. Egypt bought wheat overnight (see below). Heavy wet snow fell across South Dakota and parts of North Dakota as well as southern Minnesota. Good rains fell where it wasn’t cold enough to turn to snow. This will set planting back across the norther Plains and western Corn Belt one more time. Temperatures look to stay below normal for the foreseeable future. U.S. equity markets started the day very...

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feed-grains soy-oilseeds wheat

Market Commentary: Corn Falls, Soyoil Rallies on Trump Tariff Plans; Hogs Hit New Highs

News from Washington continued to be the primary driver of CBOT price action again on Tuesday, with most of the day’s action coming from plans for new import tariffs from President-elect Trump. The other news from Washington is the USDA APHIS’ ban on live cattle imports from Mexico, due to the...

Channeling Hamilton; Gastronationalism Gone Awry; Science Reverts to Nonpartisan; Black Friday Deals

Channeling HamiltonAlexander Hamilton, the first U.S. Secretary of the Treasury, encouraged the Tariff Act of 1789, the Tariff Act of 1790, and the Tariff Act of 1792. He used tariffs to fund the government and protect domestic industries from British exports. President-elect Trump has pledged...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2/bushel, down $0.0475 from yesterday's close. Mar 25 Wheat closed at $5.58/bushel, up $0.0225 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, down $0.0225 from yesterday's close. Jan 25 Soymeal closed at $291.4/short ton, down $4.5 from...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Falls, Soyoil Rallies on Trump Tariff Plans; Hogs Hit New Highs

News from Washington continued to be the primary driver of CBOT price action again on Tuesday, with most of the day’s action coming from plans for new import tariffs from President-elect Trump. The other news from Washington is the USDA APHIS’ ban on live cattle imports from Mexico, due to the...

Channeling Hamilton; Gastronationalism Gone Awry; Science Reverts to Nonpartisan; Black Friday Deals

Channeling HamiltonAlexander Hamilton, the first U.S. Secretary of the Treasury, encouraged the Tariff Act of 1789, the Tariff Act of 1790, and the Tariff Act of 1792. He used tariffs to fund the government and protect domestic industries from British exports. President-elect Trump has pledged...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2/bushel, down $0.0475 from yesterday's close. Mar 25 Wheat closed at $5.58/bushel, up $0.0225 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, down $0.0225 from yesterday's close. Jan 25 Soymeal closed at $291.4/short ton, down $4.5 from...

energy

Energy Outlook

The U.S. Energy Information Administration (EIA) released its short-term energy outlook (STEO) earlier this month, with outlooks for crude oil, natural gas, and propane. The price outlook is for lower crude prices, higher for natural gas, and flat for propane in the Midwest, and slightly lower...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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