World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Bears Gain Control; Soybeans End Below $10, Corn Breaks Support

Bears regained control of the CBOT ag market trade on Monday, seemingly not because of the WASDE but rather because of shifting weather forecasts and apparently receding threats. The weather in South America is trending more favorably for the corn and soybean crops down there, and showers in the forecast for the U.S. Plains offered comfort for the winter wheat planting outlook. Too, the WASDE’s bearish back drop of a record-large U.S. soybean crop, record U.S. corn yields, and larger world wheat stocks added to the bearish sentiment. Wheat led the downside move for the day and pulled corn lower as well, while soybeans suffered from plunging crude oil and soyoil values. Markets are targeting major technical support levels that will be...

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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Russia continues to dominate global agricultural export policy headlines after Moscow introduced a floating “damper” mechanism for export duties. The “damper” lowered the export tax on wheat shipments by about 20 percent for 8-14 October and pushed co...

feed-grains soy-oilseeds wheat

Market Commentary: Lots of Uncertainties Except Certain Problems with China

There was no reversal of yesterday’s decline in commodity markets. The trend is your friend, and that beat out thoughts of a technical reversal. The market was down at the open and then came even more bearish outside influences.  Commodity and financial market prices plunged as the t...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, down $0.0525 from yesterday's close.  Dec 25 Wheat closed at $4.985/bushel, down $0.08 from yesterday's close.  Nov 25 Soybeans closed at $10.0675/bushel, down $0.155 from yesterday's close.  Dec 25 Soymeal closed at $275/short ton, down $1.9 f...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Russia continues to dominate global agricultural export policy headlines after Moscow introduced a floating “damper” mechanism for export duties. The “damper” lowered the export tax on wheat shipments by about 20 percent for 8-14 October and pushed co...

feed-grains soy-oilseeds wheat

Market Commentary: Lots of Uncertainties Except Certain Problems with China

There was no reversal of yesterday’s decline in commodity markets. The trend is your friend, and that beat out thoughts of a technical reversal. The market was down at the open and then came even more bearish outside influences.  Commodity and financial market prices plunged as the t...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, down $0.0525 from yesterday's close.  Dec 25 Wheat closed at $4.985/bushel, down $0.08 from yesterday's close.  Nov 25 Soybeans closed at $10.0675/bushel, down $0.155 from yesterday's close.  Dec 25 Soymeal closed at $275/short ton, down $1.9 f...

Reconciliation Bill Increases Crop Payments

The reconciliation bill signed into law on 4 July, aka the One Big Beautiful Bill, increased statutory reference prices under the Agricultural Risk Payments (ARC) and Price Loss Coverage (PLC) programs and made some changes to the effective reference prices (ERP) which are used to calculate pay...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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