World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Paris Contract Leads Wheat Lower; Better Conditions Pressure Corn, Soy

The CBOT was entirely red across the major ag commodities Tuesday as weak technical conditions and better than expected crop conditions pressured trader sentiment. Monday’s Crop Conditions report featured bearish surprises in that last weeks’ heatwave didn’t result in the sharp decline in ratings as expected. That may change next Monday, however, as the current weather forecast is still very hot and dry for the major crop states. Additionally, growing expectations for Russia’s wheat crop are pushing European and U.S. wheat futures lower, moves which are happily accelerated by heavily short funds. Bears were in control for the day, but one has to wonder how long that will last with this week’s heat and export in...

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feed-grains soy-oilseeds wheat

Market Commentary: Negative Icing on a Bearish Cake; Cattle Rally as NWS Found 70 Miles from Border

The CBOT was sharply lower to start the week as markets had a negative reaction to surprising policy developments from South America. Argentina’s government announced a zero-export tax policy on grains through 31 October in an attempt to boost domestic reserves of U.S. dollars (for detail...

Convenience over Causation; Rules and Convenience; GI’s in America; Transatlantic Work Views

Convenience over Causation A months’ long commitment to delivering in September led to today’s announcement by chemo-phobe RFK, Jr. that, “I think we found an answer to autism” As previously noted, the Trump Administration’s Make America Healthy Again (MAHA) report...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.1075/bushel, down $0.1175 from yesterday's close.  Nov 25 Soybeans closed at $10.11/bushel, down $0.145 from yesterday's close.  Dec 25 Soymeal closed at $280.1/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Negative Icing on a Bearish Cake; Cattle Rally as NWS Found 70 Miles from Border

The CBOT was sharply lower to start the week as markets had a negative reaction to surprising policy developments from South America. Argentina’s government announced a zero-export tax policy on grains through 31 October in an attempt to boost domestic reserves of U.S. dollars (for detail...

Convenience over Causation; Rules and Convenience; GI’s in America; Transatlantic Work Views

Convenience over Causation A months’ long commitment to delivering in September led to today’s announcement by chemo-phobe RFK, Jr. that, “I think we found an answer to autism” As previously noted, the Trump Administration’s Make America Healthy Again (MAHA) report...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.1075/bushel, down $0.1175 from yesterday's close.  Nov 25 Soybeans closed at $10.11/bushel, down $0.145 from yesterday's close.  Dec 25 Soymeal closed at $280.1/short ton, down $...

livestock

Plan to Rebuild Beef Cattle Supply is Coming This Week

Yesterday, USDA released a statement confirming the detection of New World Screwworm (NSW) in in Sabinas Hidalgo, located in the Mexican state of Nuevo León, less than 70 miles from the U.S.-Mexico border.  The case was confirmed by the National Service of Agro-Alimentary Health, Sa...

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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.

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