World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Backtracking

After a run up in recent days over drought in the U.S., bad news from a major crop tour, plus drought in Europe and China, there was profit taking today as the domestic weather outlook improves and the Black Sea becomes more active. There was uncertainty at the open as corn, soyoil and HRS showed early strength, then waivered along with the rest of the grains and oilseed contracts, and then sold off on mostly higher volume. Only feeder cattle and lean hogs ended the day higher.   The crazy part was USDA’s flawed rollout of a new Export Sales reporting platform. At first issuance there were extraordinary numbers listed. As one analyst said, “I'm just a little skeptical when the new crop soybean sales are four times ou...

Related Articles
soy-oilseeds

Oilseed Highlights

The Market Soybean futures have largely been waiting for the January WASDE report, which USDA will publish on today, with traders specifically focusing on the South American supply outlooks. The dry weather in Argentina has been largely offset by favorable conditions in Brazil, leaving the...

feed-grains soy-oilseeds wheat

Market Commentary: Big Nothingburger

It was a good thing that futures markets closed early today given that there were very few inputs to guide movements. The U.S. government was closed in observance of President Jimmy Carter’s memorial, so reports like weekly Export Sales are delayed until tomorrow. Wall Street and the...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.56/bushel, up $0.02 from yesterday's close. Mar 25 Wheat closed at $5.34/bushel, down $0.0225 from yesterday's close. Mar 25 Soybeans closed at $9.99/bushel, up $0.045 from yesterday's close. Mar 25 Soymeal closed at $299.3/short ton, down $1.5 from yeste...

soy-oilseeds

Oilseed Highlights

The Market Soybean futures have largely been waiting for the January WASDE report, which USDA will publish on today, with traders specifically focusing on the South American supply outlooks. The dry weather in Argentina has been largely offset by favorable conditions in Brazil, leaving the...

feed-grains soy-oilseeds wheat

Market Commentary: Big Nothingburger

It was a good thing that futures markets closed early today given that there were very few inputs to guide movements. The U.S. government was closed in observance of President Jimmy Carter’s memorial, so reports like weekly Export Sales are delayed until tomorrow. Wall Street and the...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.56/bushel, up $0.02 from yesterday's close. Mar 25 Wheat closed at $5.34/bushel, down $0.0225 from yesterday's close. Mar 25 Soybeans closed at $9.99/bushel, up $0.045 from yesterday's close. Mar 25 Soymeal closed at $299.3/short ton, down $1.5 from yeste...

livestock

Livestock Roundup: Market Conditions Transitioning from 2024 to 2025

Last year, cattle markets were driven by tight supplies of cattle, heavy carcass weights, low cow culling rates, higher input costs, more imports of feeder cattle, and the detection of New World Screwworm in Mexico in November. All were factors in record prices. The focus now turns to 2025, and...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up