World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: More Rains Wash Away Weather Premium

Over the past three weeks, one has been unable to discuss ag commodity futures without a detailed discussion of U.S. weather patterns, and that remained true on Wednesday. The CBOT was sharply lower as rains fell across the U.S. Plains and Eastern Corn Belt and offered broad coverage and meaningful stress reduction for crops. Further pressuring crop markets was the 1-3-day weather forecast showing heavy showers and over two inches of rain forecast for Iowa, Missouri, and Illinois – states that so far have missed out on much of the recent precipitation. One key feature of the updated weather forecasts – and a major reason for corn futures’ decline – is that the above-average heat present in the Midwest so far this su...

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.0175 from yesterday's close.  Dec 25 Wheat closed at $5.1925/bushel, down $0.0025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, up $0.3 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Ending on a Sour Note

The weak jobs report sent most economic indices lower, except for gold. The dollar slumped lower despite the increased likelihood of interest rate cuts. Corn, soybeans and some wheat contract teased higher at the start of the session but they couldn’t hold. There was yet another new contr...

livestock

Post-Labor Day Look at Pork and Beef Markets

With Labor Day behind us, here is a look at the meat market going into fall. Total hog slaughter for last week was estimated at 2.391 million head, 1.5 percent lower than a year ago, making this the 15th consecutive week below year ago levels. Seasonal national average weights are starting to t...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.0175 from yesterday's close.  Dec 25 Wheat closed at $5.1925/bushel, down $0.0025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, up $0.3 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Ending on a Sour Note

The weak jobs report sent most economic indices lower, except for gold. The dollar slumped lower despite the increased likelihood of interest rate cuts. Corn, soybeans and some wheat contract teased higher at the start of the session but they couldn’t hold. There was yet another new contr...

livestock

Post-Labor Day Look at Pork and Beef Markets

With Labor Day behind us, here is a look at the meat market going into fall. Total hog slaughter for last week was estimated at 2.391 million head, 1.5 percent lower than a year ago, making this the 15th consecutive week below year ago levels. Seasonal national average weights are starting to t...

feed-grains

WPI U.S. State Corn Yield and Production Forecasts

The size and yield potential of the 2025 U.S. corn crop is of increasing debate and importance with the USDA’s September WASDE – and, more importantly, grain harvest – just around the corner. Much of the focus of recent discussions has been the impact of dryness across parts o...

Image
From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up