World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The markets firmed up overnight following yesterday’s sell-off. The latter was generated by too many analysts trying to pick apart the administration’s latest confusing proposal to send more money to farmers because of the trade problem with China. None of that has anything to do with the fact that U.S. corn and soybean planting delays have now reached historic levels nor the weather outlook that is still wet and cool for at least another week. The market went back to trading that weather and reduced production prospects today, especially in the corn and wheat markets. It was a Friday before the first long holiday weekend of the summer in the U.S. (weekly crop progress numbers won’t be released until Tuesday afternoon)...

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feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Surge on China Framework, Trade Deals; Cattle Bull Market Is Over

Trade agreements were the story of the day as the U.S. reached deals with Malaysia, Cambodia, Thailand, and Vietnam and a framework for a U.S.-China agreement that could result in “substantial” purchases of U.S. soybeans. The latter statement came from U.S. Treasury Secretary Bessen...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2875/bushel, up $0.055 from yesterday's close.  Dec 25 Wheat closed at $5.26/bushel, up $0.135 from yesterday's close.  Nov 25 Soybeans closed at $10.6725/bushel, up $0.255 from yesterday's close.  Dec 25 Soymeal closed at $298.2/short ton, up $4.1 from y...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat The wheat harvest is gaining momentum in northern Argentina, with yields exceeding expectations. In the northwest, yields range from 0.8–1.5 MT/ha, above the five-year regional average of 0.82 MT/ha. In the northeast, current averages near 2.7 MT/ha surpass the previous record from...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Surge on China Framework, Trade Deals; Cattle Bull Market Is Over

Trade agreements were the story of the day as the U.S. reached deals with Malaysia, Cambodia, Thailand, and Vietnam and a framework for a U.S.-China agreement that could result in “substantial” purchases of U.S. soybeans. The latter statement came from U.S. Treasury Secretary Bessen...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2875/bushel, up $0.055 from yesterday's close.  Dec 25 Wheat closed at $5.26/bushel, up $0.135 from yesterday's close.  Nov 25 Soybeans closed at $10.6725/bushel, up $0.255 from yesterday's close.  Dec 25 Soymeal closed at $298.2/short ton, up $4.1 from y...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat The wheat harvest is gaining momentum in northern Argentina, with yields exceeding expectations. In the northwest, yields range from 0.8–1.5 MT/ha, above the five-year regional average of 0.82 MT/ha. In the northeast, current averages near 2.7 MT/ha surpass the previous record from...

Milei Wins Argentina Election in a Landslide and U.S. Inflation

Yesterday, Argentina held mid-term Congressional elections, with half of the lower House Chamber of Deputies and one-third of the Senate up for election. The winner was Javier Milei’s La Libertad Avanza party and its coalition partners. The La Libertad Avanza party won 40.78 percent of th...

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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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