World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

After trade war fears sank grain and soy futures yesterday, the overnight session opened cautiously. Prices edged a bit higher, but trading was tentative and volume was low. Yesterday’s emotional lashing left markets in a highly oversold state. However, without a signal that further discussions between U.S. and Chinese officials are planned, buyers will be reluctant to jump back in.  When the day session opened with firmer prices, more selling was attracted and prices slipped into the red. The balance of the day saw soy and corn prices struggle to stay around yesterday’s closes. Wheat contracts were today’s market leader with support from strong cash markets, especially for HRW. Nearby Chicago wheat contracts closed...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT Harvest advanced 13.1 percent week over week, reaching 73 percent of total area, with yields remaining above average and above earlier expectations. As a result, the Buenos Aires Grain Exchange raised its production estimate to 27.1 MMT, broadly in line with the Rosario Board of Trade&rsq...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

WPI Grain Transportation Report

Dry-bulk freight markets are mixed this week with pre-holiday trade driving diverging trends. The Capesize sector saw some strength, primarily in the Atlantic, with demand for Brazilian loadings driving the market.  Panamax and Supramax markets, in contrast, saw weaker pricing as ballaster...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT Harvest advanced 13.1 percent week over week, reaching 73 percent of total area, with yields remaining above average and above earlier expectations. As a result, the Buenos Aires Grain Exchange raised its production estimate to 27.1 MMT, broadly in line with the Rosario Board of Trade&rsq...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

WPI Grain Transportation Report

Dry-bulk freight markets are mixed this week with pre-holiday trade driving diverging trends. The Capesize sector saw some strength, primarily in the Atlantic, with demand for Brazilian loadings driving the market.  Panamax and Supramax markets, in contrast, saw weaker pricing as ballaster...

feed-grains soy-oilseeds wheat

Market Commentary: Volume Gives Way as Bearish Slide Moderates

There was lower volume in the grain pits today, with perhaps some stronger interest in the last few days of holiday shopping. Traders were not buying corn or soybeans for their loved ones today, but maybe a wee bit of HRS, which closed up today and uniquely was higher for the week. There were...

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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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