World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Take a Breather, Livestock Futures Rally on Meat Demand

The CBOT was mostly in the red on Monday, though the weaker trade was primarily from bulls taking a breather after last week’s dramatic rally. After the recent surge in corn, the soy complex, and to a lesser extent wheat futures, the markets were overextended and due for a down day. That happened on Monday as traders digested a slightly less than supportive CFTC report and as some started to pare back positions ahead of the three-day weekend. In contrast, the livestock markets rallied to start the week with traders reacting to still-strong demand for beef and pork - an outlook that has improved amid the stronger stock market. The weekly Export Inspections report was generally favorable for the major commodities with shipments of corn,...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.22/bushel, down $0.0625 from yesterday's close.  Nov 25 Soybeans closed at $10.315/bushel, down $0.095 from yesterday's close.  Dec 25 Soymeal closed at $282.5/short ton, down $1.3 f...

feed-grains soy-oilseeds wheat

Market Commentary: Macro Malaise and Yield Expectations Turn CBOT Lower

The CBOT was almost entirely lower across the major ag markets on Wednesday with large supply expectations for the 2025 Northern Hemisphere grain and oilseed crops driving the weakness. More crop tours in the U.S. confirm large corn yields and high soybean pod counts/yield potential, while the...

Prop 12 Counterattack; Assault on International Organizations; Japan on Point

Prop 12 Counterattack To the great disappointment of key parts of the U.S. agriculture sector, the Supreme Court ruled earlier this year that California’s Prop 12 is constitutional, and that the state can establish its own rules on meat sold in the state regardless of its origin. The sect...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.22/bushel, down $0.0625 from yesterday's close.  Nov 25 Soybeans closed at $10.315/bushel, down $0.095 from yesterday's close.  Dec 25 Soymeal closed at $282.5/short ton, down $1.3 f...

feed-grains soy-oilseeds wheat

Market Commentary: Macro Malaise and Yield Expectations Turn CBOT Lower

The CBOT was almost entirely lower across the major ag markets on Wednesday with large supply expectations for the 2025 Northern Hemisphere grain and oilseed crops driving the weakness. More crop tours in the U.S. confirm large corn yields and high soybean pod counts/yield potential, while the...

Prop 12 Counterattack; Assault on International Organizations; Japan on Point

Prop 12 Counterattack To the great disappointment of key parts of the U.S. agriculture sector, the Supreme Court ruled earlier this year that California’s Prop 12 is constitutional, and that the state can establish its own rules on meat sold in the state regardless of its origin. The sect...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 25 – 29 August 2025 Bearish sentiments prevail on the Russian market. Most likely the bottom price levels are near for most of the grains except corn whose season started in September. Bearish trend is a tradition for this part of the season as harvesting is un...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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