World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Weather Continues to Drive CBOT Strength; Meat Stocks Tighten Further

Ag commodity futures were firmer to end the week with traders looking ahead to challenging weather conditions across the Northern Hemisphere and South America over the coming three-day holiday weekend. Weather concerns for planting the 2024 U.S. crops are lingering despite strong progress to date as the forecast remains wet for much of the Midwest over the next 5-6 days. Additionally, the Black Sea is turning warm and dry heading into June, which will not help the frost-beleaguered crops. In response to this, Paris and U.S. wheat futures were mostly higher on Friday (the spot CBOT market being the lone exception) with KC futures hitting their highest price in eight months. Corn futures were higher amid views that the recent wheat/corn sprea...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4575/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.1725/bushel, down $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.625/bushel, up $0.0125 from yesterday's close.  Mar 26 Soymeal closed at $303.7/short ton, up $0...

feed-grains soy-oilseeds wheat

Market Commentary: Holding Breath for Monday’s WASDE

As expected, it was a lower volume trading day ahead of likely market moving USDA reports on Monday. The exceptions were HRS and lean hogs. There were also generally lower trading ranges. The soybean complex traded higher on strength in coproducts but the rest of the board was mostly in the red...

livestock

New World Screw Worm: A Threat to Dairy?

The dairy industry continues to evolve, though it is facing new challenges. Through September, milk production is up 97 pounds per head in 2025 over 2024 and has increased steadily for several years. Further, there is a migration in dairy cows, with the southern plains growing in cow numbers. T...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4575/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.1725/bushel, down $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.625/bushel, up $0.0125 from yesterday's close.  Mar 26 Soymeal closed at $303.7/short ton, up $0...

feed-grains soy-oilseeds wheat

Market Commentary: Holding Breath for Monday’s WASDE

As expected, it was a lower volume trading day ahead of likely market moving USDA reports on Monday. The exceptions were HRS and lean hogs. There were also generally lower trading ranges. The soybean complex traded higher on strength in coproducts but the rest of the board was mostly in the red...

livestock

New World Screw Worm: A Threat to Dairy?

The dairy industry continues to evolve, though it is facing new challenges. Through September, milk production is up 97 pounds per head in 2025 over 2024 and has increased steadily for several years. Further, there is a migration in dairy cows, with the southern plains growing in cow numbers. T...

livestock

Where is the Hog Market Headed? Rosy Early Outlook for 2026.

Lean hog futures saw an unexpected rally to conclude 2025 with the market rebounding from an autumn selloff. The rebound was sufficiently strong to push deferred futures to new contract highs and nearby contracts just a few dollar shy of their contract highs. Despite this futures rally, physica...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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