World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Putin Pressures Energies; CBOT Ends Mixed; Commercials Book Soymeal

The CBOT was mixed in low-volume trade with corn and soybeans turning lower while wheat traded a volatile day and ended slightly higher. Energy markets were weaker, which pressured soyoil and soybeans, but commercial users took the recent break in soymeal to book physical needs. The October WASDE is coming next week, and there was an air of pre-report positioning in today’s trade. The October report will feature the first yield report largely derived from actual harvest data and, as such, often sets the market’s tone heading into winter.  Funds are thought to have sold some 8,000 contracts of corn and 5,000 contracts of soybeans while adding 7,000 contracts to their wheat longs. Funds were largely spreading soyoil/soymeal,...

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feed-grains soy-oilseeds wheat

Market Commentary: The Tempo not the Quantum

Everyone knows the volume traded this week will be lower, but there is no break in the directional adjustments. The corn market still had to continue its march higher, worries about wheat supplies moving out of Ukraine and even volume was not totally lower with soymeal and lean hog trading keep...

livestock

Quarterly Hogs and Pigs Report

USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 December was 75.5 million head, up 1 percent from December 2024, and up slightly from 1 September 2025.  Breeding inventory, at 5.95 million head, was down 1 percent from last year and up sligh...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.475/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.17/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.515/bushel, down $0.0175 from yesterday's close.  Mar 26 Soymeal closed at $304.2/short ton, up $2.3 from...

feed-grains soy-oilseeds wheat

Market Commentary: The Tempo not the Quantum

Everyone knows the volume traded this week will be lower, but there is no break in the directional adjustments. The corn market still had to continue its march higher, worries about wheat supplies moving out of Ukraine and even volume was not totally lower with soymeal and lean hog trading keep...

livestock

Quarterly Hogs and Pigs Report

USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 December was 75.5 million head, up 1 percent from December 2024, and up slightly from 1 September 2025.  Breeding inventory, at 5.95 million head, was down 1 percent from last year and up sligh...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.475/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.17/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.515/bushel, down $0.0175 from yesterday's close.  Mar 26 Soymeal closed at $304.2/short ton, up $2.3 from...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Russia’s latest attacks on Ukraine’s Odesa Black Sea port infrastructure on 23 December reportedly damaged a vessel carrying Ukrainian soybeans.   The EU Commission raised its forecast of EU common wheat production to 134.4 MMT for 2025/26 and bumped th...

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