World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: CBOT Selloff Intensifies; Aussie Wheat Crop Gets Bigger

Monday offered little reprieve from the CBOT’s recent trends with the selloffs in soyoil and wheat intensifying. Funds were net sellers in both markets, but for different reasons. In soyoil, the EPA’s latest renewable fuel volume mandates are, at least for now, perceived as bearish and the technical breakdown and position liquidation by heavily-long funds only adds to the weak price action. In wheat, Australia’s equivalent of the USDA raised its forecast for the country’s wheat crop, which added fundamental fuel to the bearish technical fire already consuming CBOT and KCBT futures. Corn extended its late-week weakness as well and soybeans abandoned higher trade to end lower on Monday too. The only real bright spot wa...

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feed-grains soy-oilseeds wheat

Exceeding Expectations, Perhaps on a Thread

Commodity markets opened mostly in the red but managed a turnaround late in the session for corn, beans and wheat. There was not much fundamentally driving the market. Export sales were solid but there have been no new flash sales reports for several days. By contrast, equity markets opened mix...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for August 15-21, 2025  Wheat: Net sales of 579,800 metric tons (MT) for 2025/2026 were up 12 percent from the previous week, but down 10 percent from the prior 4-week average. Export shipments of 1,005,600 MT--a marketing-year high--were up noticeably from the p...

livestock

U.S. and Canadian Livestock Inventories

Yesterday, NASS and Statistics Canada released the 1 July cattle inventory in the two countries. Combined, the inventory was 106.1 million head, which was down to 99 percent of 2023 (the USDA suspended the July inventory report in 2024 due to budget constraints) and down to 92.4 percent of 2020...

feed-grains soy-oilseeds wheat

Exceeding Expectations, Perhaps on a Thread

Commodity markets opened mostly in the red but managed a turnaround late in the session for corn, beans and wheat. There was not much fundamentally driving the market. Export sales were solid but there have been no new flash sales reports for several days. By contrast, equity markets opened mix...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for August 15-21, 2025  Wheat: Net sales of 579,800 metric tons (MT) for 2025/2026 were up 12 percent from the previous week, but down 10 percent from the prior 4-week average. Export shipments of 1,005,600 MT--a marketing-year high--were up noticeably from the p...

livestock

U.S. and Canadian Livestock Inventories

Yesterday, NASS and Statistics Canada released the 1 July cattle inventory in the two countries. Combined, the inventory was 106.1 million head, which was down to 99 percent of 2023 (the USDA suspended the July inventory report in 2024 due to budget constraints) and down to 92.4 percent of 2020...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1/bushel, up $0.04 from yesterday's close.  Dec 25 Wheat closed at $5.29/bushel, up $0.0475 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.005 from yesterday's close.  Dec 25 Soymeal closed at $287.3/short ton, down $0.9 from yest...

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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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