World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Hits New Highs on Smaller Russian Crop; Corn, Soy Fall on Planting Progress

The CBOT was mixed on Tuesday with corn and the soy complex finding pressure after Monday’s Crop Progress report reflected better-than-expected planting progress. That reduced concerns about late plantings negatively impacting yields or, for soybeans, unplanted corn acres being switched to the oilseed. Wheat, in contrast, continued its rally after the Russian 2024 wheat crop was revised lower once again. The weather and production issues in the world’s largest wheat exporter are tightening the world wheat balance sheet and futures are highly sensitive to headlines right now. Funds were net buyers in wheat futures again and expanded longs there by 6-7,000 contracts while being slight net sellers in corn and the soy complex. The o...

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feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

Tariffs, Mexico Extension, Federal Reserve, and Jobs Report

President Trump signed an executive order yesterday unveiling a massive overhaul of U.S. tariff policy, introducing a series of new tariff rates for U.S. trading partners. The executive order was signed hours before today’s deadline, but the order also included a provision to start the ne...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, down $0.065 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, up $0 from yesterday's close.  Dec 25 Soymeal closed at $280.5/short ton, up $4.5 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

Tariffs, Mexico Extension, Federal Reserve, and Jobs Report

President Trump signed an executive order yesterday unveiling a massive overhaul of U.S. tariff policy, introducing a series of new tariff rates for U.S. trading partners. The executive order was signed hours before today’s deadline, but the order also included a provision to start the ne...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, down $0.065 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, up $0 from yesterday's close.  Dec 25 Soymeal closed at $280.5/short ton, up $4.5 from y...

feed-grains soy-oilseeds wheat

How Will Soybeans’ Uncertain Outlook Affect Other Commodities?

November soybean futures’ recent move below the psychologically important $10.00 threshold has triggered concerns about weakness there affecting other markets. The question of how soybeans could impact other markets is germane because the oilseed is facing larger and more rapid adjustment...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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