World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as the rally puts more and more positions underwater. What remains a mystery is how much long-side buying interest there is in wheat futures. Typically, fund managers love to be long wheat, especially in inflationary or “commodity boom” cycles, but the extremely volatile and unpredictable nature of Black Sea tensions may be causing risk managers to limit exposure. Corn futures rose sharply on Tuesday and posted fresh rally highs before slipp...

Related Articles
feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Russia’s latest attacks on Ukraine’s Odesa Black Sea port infrastructure on 23 December reportedly damaged a vessel carrying Ukrainian soybeans.   The EU Commission raised its forecast of EU common wheat production to 134.4 MMT for 2025/26 and bumped th...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Safaga port, south on the Red Sea, will be expanded and improved as a result of an agreement between Egypt’s Al Dahra Agriculture and Abu Dhabi based AD Pors Group. There are plans to make Safaga into a regiona...

livestock

Livestock Industry Margins

Beef packer margins deteriorated further last week, extending their move into negative territory after early December’s strong profits. Margins fell another $65/head to –$140 as fed cattle prices held firm while the Choice cutout slipped nearly $2/cwt. The tightening spread reflects...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Russia’s latest attacks on Ukraine’s Odesa Black Sea port infrastructure on 23 December reportedly damaged a vessel carrying Ukrainian soybeans.   The EU Commission raised its forecast of EU common wheat production to 134.4 MMT for 2025/26 and bumped th...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Safaga port, south on the Red Sea, will be expanded and improved as a result of an agreement between Egypt’s Al Dahra Agriculture and Abu Dhabi based AD Pors Group. There are plans to make Safaga into a regiona...

livestock

Livestock Industry Margins

Beef packer margins deteriorated further last week, extending their move into negative territory after early December’s strong profits. Margins fell another $65/head to –$140 as fed cattle prices held firm while the Choice cutout slipped nearly $2/cwt. The tightening spread reflects...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Bounces on Short-Covering and Positive Export Data

The CBOT turned higher on Monday with positive export data from USDA and a healthy dose of bottom-picking and pre-holiday short covering driving the upside action. Corn was the upside leader for the day as export shipments remain strong with foreign buyers and end-users picking up the purchase...

Image
From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up