World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Grains Drift Sideways as Harvest Looms; Livestock Rally on Strong Cash Trade

The CBOT was mostly sideways on Tuesday with funds still paring back a few shorts in the corn and soy complex while resuming some light selling in wheat futures. There was little fresh news for the day, which contributed significantly to the lack of price action. Russian FOB offers continue to decline despite challenging weather for the country’s spring wheat crop, and that weighed on wheat futures again today. For corn and soybeans, Monday’s Corp Progress/Conditions data was benign and showed the crops barreling towards a timely harvest with little fears of disruption. Overall, the week seems primed for steady/sideways trade with little on the horizon to induce polarity. Note, however, that macroeconomic factors could become mo...

Related Articles

Martin Luther King Jr. Holiday

U.S. financial markets will be closed in observance of Martin Luther King Jr. Day on Monday, 19 January. As a result, WPI’s offices will be closed and no issue of Ag Perspectives will be published that day. Ag Perspectives will resume on Tuesday, 20 January...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.22/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.125/bushel, up $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.425/bushel, up $0.0375 from yesterday's close.  Mar 26 Soymeal closed at $291.9/short ton, up $0.3 from ye...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 5–9 January 2026 The first week of January is typically quiet for trading and logistics as Russia observes Orthodox Christmas. Activity remained subdued, although the ongoing Russo–Ukrainian war continued to shape market sentiment. Both sides carried out airst...

Martin Luther King Jr. Holiday

U.S. financial markets will be closed in observance of Martin Luther King Jr. Day on Monday, 19 January. As a result, WPI’s offices will be closed and no issue of Ag Perspectives will be published that day. Ag Perspectives will resume on Tuesday, 20 January...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.22/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.125/bushel, up $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.425/bushel, up $0.0375 from yesterday's close.  Mar 26 Soymeal closed at $291.9/short ton, up $0.3 from ye...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 5–9 January 2026 The first week of January is typically quiet for trading and logistics as Russia observes Orthodox Christmas. Activity remained subdued, although the ongoing Russo–Ukrainian war continued to shape market sentiment. Both sides carried out airst...

FOB Prices and Freight Rates App (Updated 14 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up