World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: CBOT Mixed Despite China, Mexico Buying; Cattle Rally to New Highs

The CBOT started the week higher with some bargain hunting and short covering after last week’s steep selloff. Bulls were unable to hold onto most of those gains, however, and corn finished in the red despite confirmed and rumored export news. Soybeans and wheat fared better, setting a few cents higher with mild end-user demand offering support. China is rumored to have secured U.S. corn when December futures broke below $5.30 this afternoon, but the market did not react as if such purchases occurred. Rumors also suggest China secured 4-6 cargoes of U.S. PNW soybeans for October or November shipment. Donald Trump may have popularized the phrase “fake news”, but now Russian President Vladimir Putin is using the idea, if no...

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feed-grains soy-oilseeds wheat

Market Commentary: Crop Progress Silver Linings Pressure Corn, Soybeans

CBOT markets were mostly mixed in quiet trade overnight, but that tenor changed quickly once the day session started. The Crop Progress report initially appeared supportive for the major markets with planting slowing for corn and soybeans and corn and spring wheat conditions coming in below exp...

Trade Negotiation Hurdles; Bond Market Conflict; Companionship or Dinner

Trade Negotiation Hurdles U.S. and EU trade negotiators meet again tomorrow in a bid to reach an agreement by 9 July; there is a lot of skepticism about its relative success. Politico Europe reporter Camille Gijs notes that politicians in Brussels have no appetite to give the White House big co...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.51/bushel, down $0.085 from yesterday's close.  Jul 25 Wheat closed at $5.3025/bushel, up $0.0175 from yesterday's close.  Jul 25 Soybeans closed at $10.485/bushel, down $0.14 from yesterday's close.  Jul 25 Soymeal closed at $293.7/short ton, down $2.6 f...

feed-grains soy-oilseeds wheat

Market Commentary: Crop Progress Silver Linings Pressure Corn, Soybeans

CBOT markets were mostly mixed in quiet trade overnight, but that tenor changed quickly once the day session started. The Crop Progress report initially appeared supportive for the major markets with planting slowing for corn and soybeans and corn and spring wheat conditions coming in below exp...

Trade Negotiation Hurdles; Bond Market Conflict; Companionship or Dinner

Trade Negotiation Hurdles U.S. and EU trade negotiators meet again tomorrow in a bid to reach an agreement by 9 July; there is a lot of skepticism about its relative success. Politico Europe reporter Camille Gijs notes that politicians in Brussels have no appetite to give the White House big co...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.51/bushel, down $0.085 from yesterday's close.  Jul 25 Wheat closed at $5.3025/bushel, up $0.0175 from yesterday's close.  Jul 25 Soybeans closed at $10.485/bushel, down $0.14 from yesterday's close.  Jul 25 Soymeal closed at $293.7/short ton, down $2.6 f...

FOB Prices and Freight Rates App (Updated 28 May)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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.

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