World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Bearishness Envelops CBOT Trade

The CBOT was sharply lower on Monday with markets seeing continued pressure from Friday’s generally bearish WASDE, favorable Midwest weather trends, and gains in the U.S. dollar following the weekend assassination attempt on former President Trump. The assassination attempt obviously does not directly impact commodity markets, but the resulting increase in the likelihood of another Trump presidency does. Following the shooting, betting markets and political polls increased the odds that Trump will win the November election, which prompted traders to look at the 2016-2020 Trump administration for hints as to what it might mean again. For ag commodities, the thoughts of a Trump presidency primarily mean a stronger U.S. dollar (though th...

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feed-grains soy-oilseeds wheat

Market Commentary: Grains Firm, Soybeans Pull Back Heading into Holidays

The CBOT was mostly higher to start the holiday-shortened trading week with wheat leading the way on short-covering and despite the surging U.S. dollar. Corn followed the wheat market higher with its own support from the strong export program as USDA reported more “flash” export sales Monday. S...

Two Big Things; Trumpenomics

Two Big ThingsJust days before Christmas 2024, two big things happened that impact U.S. agriculture. On their way home for the holidays, members of the U.S. Congress passed a one-year extension of the farm bill. Farm groups were disappointed for a number of reasons, including the fact that expa...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4775/bushel, up $0.015 from yesterday's close. Mar 25 Wheat closed at $5.405/bushel, up $0.075 from yesterday's close. Jan 25 Soybeans closed at $9.695/bushel, down $0.05 from yesterday's close. Mar 25 Soymeal closed at $298/short ton, down $4.2 from yest...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Firm, Soybeans Pull Back Heading into Holidays

The CBOT was mostly higher to start the holiday-shortened trading week with wheat leading the way on short-covering and despite the surging U.S. dollar. Corn followed the wheat market higher with its own support from the strong export program as USDA reported more “flash” export sales Monday. S...

Two Big Things; Trumpenomics

Two Big ThingsJust days before Christmas 2024, two big things happened that impact U.S. agriculture. On their way home for the holidays, members of the U.S. Congress passed a one-year extension of the farm bill. Farm groups were disappointed for a number of reasons, including the fact that expa...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4775/bushel, up $0.015 from yesterday's close. Mar 25 Wheat closed at $5.405/bushel, up $0.075 from yesterday's close. Jan 25 Soybeans closed at $9.695/bushel, down $0.05 from yesterday's close. Mar 25 Soymeal closed at $298/short ton, down $4.2 from yest...

Government Shutdown Averted; Process Provides Insights into 2025 Policy Making

A government shutdown was averted after frenetic eleventh-hour action last week in Congress to pass a continuing resolution, which is a short-term appropriations bill that extends the existing baseline level of funding. Under the terms of a previous CR passed on 25 September, the federal govern...

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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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