World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Speculating About Monday

Futures traded bearishly mixed. The start of the trade war, the possible hiatus in the Ukraine war, static weather conditions, and major USDA reports to be issued on Monday all keep traders in a cautious position.  Today’s USDA Export Sales report covering last week’s activity showed general declines except for soyoil. Old crop wheat export sales dwindled, and new crop sales have collapsed. New commitments for old crop corn and soybeans were down but at the upper end of market expectations. New crop soybeans had washouts as Brazil’s big crop becomes available. Exports of corn and soybeans were solid. Pork sales rebounded but beef slumped on high prices.  There may not be enough CCC funds to compensate farmers...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5725/bushel, up $0.04 from yesterday's close.  May 25 Wheat closed at $5.37/bushel, up $0.0875 from yesterday's close.  May 25 Soybeans closed at $10.1475/bushel, down $0.0825 from yesterday's close.  May 25 Soymeal closed at $292.7/short ton, down $0.8 f...

feed-grains soy-oilseeds wheat

Market Commentary: Big Day for USDA Data; Grains Rise While Soy Suffers

The big news in commodity markets Monday was the release of USDA’s Prospective Plantings and Grain Stocks reports, the former of which offered the agency’s first detailed assessment of 2025 acreage. The report featured the expected increase in corn area and decrease in soybean plant...

Liberation Day Minus One; States Rights, National Losses; The Hammer and USDA

Liberation Day Minus One The Trump team is said to be weighing 20 percent across the board tariffs, reducing the share of U.S. funding of the WTO, and critic James Carville says the Administration has collapsed in less than three months. Morgan Stanley calls all the stated goals for tariffs as...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5725/bushel, up $0.04 from yesterday's close.  May 25 Wheat closed at $5.37/bushel, up $0.0875 from yesterday's close.  May 25 Soybeans closed at $10.1475/bushel, down $0.0825 from yesterday's close.  May 25 Soymeal closed at $292.7/short ton, down $0.8 f...

feed-grains soy-oilseeds wheat

Market Commentary: Big Day for USDA Data; Grains Rise While Soy Suffers

The big news in commodity markets Monday was the release of USDA’s Prospective Plantings and Grain Stocks reports, the former of which offered the agency’s first detailed assessment of 2025 acreage. The report featured the expected increase in corn area and decrease in soybean plant...

Liberation Day Minus One; States Rights, National Losses; The Hammer and USDA

Liberation Day Minus One The Trump team is said to be weighing 20 percent across the board tariffs, reducing the share of U.S. funding of the WTO, and critic James Carville says the Administration has collapsed in less than three months. Morgan Stanley calls all the stated goals for tariffs as...

Liberation Day is Coming!

President Trump said yesterday, his reciprocal tariffs will launch this Wednesday, calling it “Liberation Day.” Those new tariffs will affect "all countries." However, the Administration has yet to reveal many of the key details of his plan, or when actual duties will be implemented...

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