World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Comfortable, With Jitters

There was generally low volume in grains today as traders await USDA’s important reports on Friday. There is no reason to spend more money on fees or commissions after spending several days aligning with the perceived outcomes. At the same time, market noise does not completely stop and there is inevitably a little bit of second guessing. But the trading that does occur has narrowed in range. Barring any significant development, this will be the result of edginess until noon EST on Friday. There is plenty of volatility in outside markets, but things are mostly in a holding pattern for ags.Part of the position squaring this week ahead of Friday’s USDA January WASDE report is the trade’s assumptions about the final production numbers for the...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Soybean Sales to China Fail to Impress CBOT

The CBOT was almost uniformly lower on Wednesday with traders booking any long profits and likely adding some short spec positions as momentum wanes from the markets. The down day was a little surprising after USDA reported another 12.1 Mbu of soybeans sold to China for 2025/26, but that news h...

Tariff Trouble; UPF Killers; GIs Meet Reality; European Consensus; Takes On to Know One

Tariff Trouble Democrats in the U.S. House and Senate are pushing for votes in the House on the legitimacy of tariffs imposed by President Trump, including his use of the International Economic Emergency Powers Act (IEEPA). But Biden Administration Commerce Secretary Gina Raimondo told a Bloomb...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2975/bushel, down $0.07 from yesterday's close.  Mar 26 Wheat closed at $5.495/bushel, down $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3625/bushel, down $0.1725 from yesterday's close.  Dec 25 Soymeal closed at $318.9/short ton, down $8...

feed-grains soy-oilseeds wheat

Market Commentary: Soybean Sales to China Fail to Impress CBOT

The CBOT was almost uniformly lower on Wednesday with traders booking any long profits and likely adding some short spec positions as momentum wanes from the markets. The down day was a little surprising after USDA reported another 12.1 Mbu of soybeans sold to China for 2025/26, but that news h...

Tariff Trouble; UPF Killers; GIs Meet Reality; European Consensus; Takes On to Know One

Tariff Trouble Democrats in the U.S. House and Senate are pushing for votes in the House on the legitimacy of tariffs imposed by President Trump, including his use of the International Economic Emergency Powers Act (IEEPA). But Biden Administration Commerce Secretary Gina Raimondo told a Bloomb...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2975/bushel, down $0.07 from yesterday's close.  Mar 26 Wheat closed at $5.495/bushel, down $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3625/bushel, down $0.1725 from yesterday's close.  Dec 25 Soymeal closed at $318.9/short ton, down $8...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 7-14 November 2025 Russia reported an air attack on the port of Novorossiysk, its main Black Sea export hub. The attack disrupted both oil and grain trade. Spot prices initially rose by several dollars but returned to previous levels by week’s end. The long-term out...

Image
From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up