World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Market Gets a Bounce Ahead of Long Weekend

Commodity markets retraced some of the losses from Thursday, ending higher on Friday but not necessarily for the week. Corn is on a roll, nearing heights not seen in more than a year, but even cattle lost some of their bullish glow this week.  01172025MC_weeklychange.png 22.13 KBA key vector has been weather in South America, and that has not changed. Doubts about whether Argentina will receive salvation-level rains are increasing. Now added as a wildcard is the inauguration of Donald Trump as U.S. president on Monday. While he and Chinese President Xi Jinping reportedly spoke today, no one is expecting a smooth ride ahead. Theoretically, he could get China to recommit to the agriculture purchases agreed to in 2020, but there will like...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2825/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Mar 26 Soybeans closed at $10.6425/bushel, down $0.08 from yesterday's close.  Mar 26 Soymeal closed at $293.6/short ton, down $2.4...

feed-grains soy-oilseeds wheat

Market Commentary: Get Out of Dodge Friday

Although the week was mixed, there was a convincing move lower on Friday. The mood spelled exit as all the major agricultural contracts closed lower. Even those trading the three major wheat contracts, who had mostly countered the bearish sensibilities elsewhere on the board in many of the prev...

livestock

Livestock Round Up: Cattle Inventory Report

USDA’s semi-annual cattle report was issued today. The inventory of all cattle and calves in the U.S. as of 1 January was 86,155,300 head, slightly below—or about 316,900 head fewer than—the 86,472,200 head on 1 January 2025.  This year showed the seventh consecutive ann...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2825/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Mar 26 Soybeans closed at $10.6425/bushel, down $0.08 from yesterday's close.  Mar 26 Soymeal closed at $293.6/short ton, down $2.4...

feed-grains soy-oilseeds wheat

Market Commentary: Get Out of Dodge Friday

Although the week was mixed, there was a convincing move lower on Friday. The mood spelled exit as all the major agricultural contracts closed lower. Even those trading the three major wheat contracts, who had mostly countered the bearish sensibilities elsewhere on the board in many of the prev...

livestock

Livestock Round Up: Cattle Inventory Report

USDA’s semi-annual cattle report was issued today. The inventory of all cattle and calves in the U.S. as of 1 January was 86,155,300 head, slightly below—or about 316,900 head fewer than—the 86,472,200 head on 1 January 2025.  This year showed the seventh consecutive ann...

livestock

Cracking the Egg Price Mystery

Egg prices have been through a volatile 18 months, rallying sharply in LH 2024 and into early 2025 as bird flu decimated the U.S. layer flock. In early 2025, the U.S. layer flock for table eggs specifically fell to at least a 10-year low, at 286.4 million birds, down about 16 percent from the 2...

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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.

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