World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day with Wheat Hot, The Rest Not

Today’s trading session pretty much followed the overnight with wheat notching a third day of gains but traders taking a breather on corn, beans, and cattle. While wheat is girded by doubtful moisture conditions in the northern Black Sea region, the corn and soybean markets do not want to prematurely overplay conditions in South America. It is getting later in the growing season, but any kind of large flip could salvage the situation.  In an otherwise limited news day, USDA’s weekly Export Sales report reinforced yesterday’s weather-related bullishness with wheat sales above the prior four-week average. Corn sales dropped slightly from the previous week but were still impressive. Soybean sales slid as did soyoil, but...

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livestock

Cattle on Feed on August 1, 2025

U.S. Cattle on Feed totaled 10.9 million head on August 1, 2025 and was 2 percent below August 1, 2024.  Placements in feedlots during July totaled 1.60 million head, 6 percent below 2024.  Marketings of fed cattle during July totaled 1.75 million head, 6 percent below 2024.  Oth...

feed-grains soy-oilseeds wheat

Market Commentary: Some Odds, Some Ends, Some Notable Developments

Grain and oilseed contracts traded mixed to lower on Friday, torn between being over-weight against large yields, and under bought in the face of a late summer loss of moisture combined with a litany of potentially damaging disease outbreaks.  The number of foliar diseases that have been s...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.115/bushel, down $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.2725/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.585/bushel, up $0.025 from yesterday's close.  Dec 25 Soymeal closed at $291.5/short ton, down $2.7...

livestock

Cattle on Feed on August 1, 2025

U.S. Cattle on Feed totaled 10.9 million head on August 1, 2025 and was 2 percent below August 1, 2024.  Placements in feedlots during July totaled 1.60 million head, 6 percent below 2024.  Marketings of fed cattle during July totaled 1.75 million head, 6 percent below 2024.  Oth...

feed-grains soy-oilseeds wheat

Market Commentary: Some Odds, Some Ends, Some Notable Developments

Grain and oilseed contracts traded mixed to lower on Friday, torn between being over-weight against large yields, and under bought in the face of a late summer loss of moisture combined with a litany of potentially damaging disease outbreaks.  The number of foliar diseases that have been s...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.115/bushel, down $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.2725/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.585/bushel, up $0.025 from yesterday's close.  Dec 25 Soymeal closed at $291.5/short ton, down $2.7...

livestock

Livestock Roundup: Cattle on Feed Report

USDA’s monthly Cattle on Feed report was released today at 3 p.m.  Total cattle on feed amounted to 10.9 million head, 98 percent of last year.    Total placements were down 6 percent but were above the average pre-report estimate.  Marketings were down 6 percent, in...

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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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