World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Corn Rallies on Export Sales; Bean Bears Return in Heavy Options Trade

The CBOT was mixed on Wednesday with corn rising after the USDA reported “flash” export sales of over 1.9 MMT of corn to Mexico and unknown destinations combined. The news put a bid under futures and caused corn spreads to firm slightly with funds buying back some of what they sold earlier this week. Wheat tagged along and posted 5-cent gains for the day while soybeans sank lower amid bearish fundamentals. There were daily export sales of 330 KMT of soybeans reported for the day, but the market seems to view such volumes as normal for this time of year and were not overly impressed. Historically, exports have been a major demand driver for soybeans, but this year it feels like they are merely a relief valve for the massive crop and not nece...

Related Articles

FOB Prices and Freight Rates App (Updated 16 April)

Transportation and Freight Market Comments - 11 April 2025 By Matt Herrington Dry-Bulk Ocean Freight The trade war(s) and the possible Section 301 penalties against Chinese vessels docking at U.S. ports have kept freight markets exceptionally volatile in recent weeks. This week’s trend wa...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 7 – 11 April 2025 Crop Outlook 2025 Dmitriy Patrushev, the Vice Premier of Russia, announced that during 2025 Russian farmers will plant around 84 million ha (Mha) which is up almost 1 Mha from last season. 20 Mha have already been planted with winter crops. Accordi...

feed-grains soy-oilseeds wheat

Market Commentary: Low Volume with Profit-taking on Good Weather

After moving higher the past few days and weather improving in both North and South America, there was low volume profit-taking in grains and soybeans. By contrast, livestock products continued the rebound that began in earnest late last week.  While agriculture has been highlighted as a m...

FOB Prices and Freight Rates App (Updated 16 April)

Transportation and Freight Market Comments - 11 April 2025 By Matt Herrington Dry-Bulk Ocean Freight The trade war(s) and the possible Section 301 penalties against Chinese vessels docking at U.S. ports have kept freight markets exceptionally volatile in recent weeks. This week’s trend wa...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 7 – 11 April 2025 Crop Outlook 2025 Dmitriy Patrushev, the Vice Premier of Russia, announced that during 2025 Russian farmers will plant around 84 million ha (Mha) which is up almost 1 Mha from last season. 20 Mha have already been planted with winter crops. Accordi...

feed-grains soy-oilseeds wheat

Market Commentary: Low Volume with Profit-taking on Good Weather

After moving higher the past few days and weather improving in both North and South America, there was low volume profit-taking in grains and soybeans. By contrast, livestock products continued the rebound that began in earnest late last week.  While agriculture has been highlighted as a m...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8125/bushel, down $0.0375 from yesterday's close.  May 25 Wheat closed at $5.42/bushel, down $0.055 from yesterday's close.  May 25 Soybeans closed at $10.36/bushel, down $0.0575 from yesterday's close.  May 25 Soymeal closed at $294.2/short ton, down $2...

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