World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Futures Ignore Winter Storm; Soy Complex Rallies Again

The CBOT is starting to show its typical pre-holiday quieting of trade and volatility but is not without a few surprises. The soy complex was the upside leader on Tuesday with another rally in soyoil creating strength across the complex. That spilled over into 15-17-cent gains for soybeans, which helped pull corn futures higher as well. Despite winter storms that present frost/winterkill risks for wheat in the U.S. and the Black Sea, wheat futures seemed unconcerned and gave back most of the day’s early gains. Funds remain muted participants in the market and are largely focused on position evening or liquidation ahead of the coming long, holiday weekend. Commercials are also increasingly absent from the market but bull spreading in t...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.58/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.425/bushel, up $0.02 from yesterday's close. Mar 25 Soybeans closed at $9.9725/bushel, down $0.005 from yesterday's close. Mar 25 Soymeal closed at $303.5/short ton, down $3.8 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONEgypt will see the investment of $100 million by China’s New Hope Group in the expansion of its animal feed operations. New Hope currently has five production facilities in Egypt producing 650,000 MT of animal feeds which will be increas...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rises as Precipitation Forecasts Fall

The CBOT tried – and mostly succeeded – to reverse Friday’s selloff with corn, wheat, and the soy complex all turning higher to start the first full trading week of 2025. The fundamental catalysts for the day’s strength were the slide in the U.S. dollar, thanks to more trade-friendly (or at lea...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.58/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.425/bushel, up $0.02 from yesterday's close. Mar 25 Soybeans closed at $9.9725/bushel, down $0.005 from yesterday's close. Mar 25 Soymeal closed at $303.5/short ton, down $3.8 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONEgypt will see the investment of $100 million by China’s New Hope Group in the expansion of its animal feed operations. New Hope currently has five production facilities in Egypt producing 650,000 MT of animal feeds which will be increas...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rises as Precipitation Forecasts Fall

The CBOT tried – and mostly succeeded – to reverse Friday’s selloff with corn, wheat, and the soy complex all turning higher to start the first full trading week of 2025. The fundamental catalysts for the day’s strength were the slide in the U.S. dollar, thanks to more trade-friendly (or at lea...

Congress Certifies 2024 Election

In a joint session today, Congress certified the 2024 election results. That sets up the incoming Trump Administration to pursue an ambitious First 100 Days of executive orders and other legislative activity that will likely include many of the campaign promises he made, including significant d...

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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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