World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Weather Premium

In an otherwise benign market situation, there were solid gains today in the grain and oilseed pits. This was in part out of a recognition that U.S. crop ratings are declining, and more unhelpful weather is on the way.  It didn’t help that Russia first bombed port structures in Odessa yesterday and followed that today with attacks on the port infrastructure in Mykolaiv. Russia conceded to allowing Ukrainian grain exports but destroying its capacity to do so is not a confidence building measure. Russia also hinted it would end its contributions to the international space station in 2024, though that is not confirmed.  Markets mostly tracked the overnight except for meal and wheat. Soymeal led the soybean complex as it hit a...

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feed-grains soy-oilseeds wheat

Market Commentary: China Headlines and Technical Buying Lift CBOT

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The recent February World Agricultural Supply and Demand Estimates (WASDE) report forecast beef production to increase in 2026 due to greater slaughter of steers and heifers, increased cow slaughter, and heavier dressed weights, all of which will provide some relief to the beef market. Also, th...

feed-grains soy-oilseeds wheat

Market Commentary: China Headlines and Technical Buying Lift CBOT

Key Market Developments Markets head into Friday’s CPI report expecting a 0.3 percent month-over-month increase in both headline and core inflation, keeping year-over-year readings near +2.5 percent. That matters — but perhaps not as much as it would have a few weeks ago. This week&...

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livestock

Livestock Round Up: Cattle Margins and Distribution

The recent February World Agricultural Supply and Demand Estimates (WASDE) report forecast beef production to increase in 2026 due to greater slaughter of steers and heifers, increased cow slaughter, and heavier dressed weights, all of which will provide some relief to the beef market. Also, th...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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