World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Leads CBOT Rally on Dismal Crop Ratings

Yesterday’s Crop Progress report from USDA showing five-year lows in winter wheat conditions ratings put a bid under KCBT and CBOT wheat Tuesday. Combined with the fact the Russia-Ukraine war shows no sign of slowing down, the entire CBOT rallied in continued “risk-on” mode. Also concerning were updated long-term weather forecasts showing a worsening drought for the U.S. central Plains/western Corn Belt through August.  For the day, funds were rumored to be net buyers of 6,000 contracts of wheat, 12,000 contracts of corn, and 10,000 contracts of soybeans. Funds also secured 6,000 long contracts of soymeal and were slight net buyers in soyoil.  Large trading volume in the first 10-15 minutes of the trading day...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Downtrend Dominance; Wheat Hits New Lows; Soy Falls on Crush Numbers

Each year, the Chinese zodiac calendar features one animal to mark and typify the coming 365 days. If that process were applied to CBOT trade, Tuesday would have been the “day of the bear”, with all major grain markets ending in the red. The only specific trigger was the bearish NOP...

softs

Bearish Sugar Prices to Continue Despite Production Increases

The U.S. 2025/26 sugar supply is forecast at 14.119 million short tons, raw value (STRV), down 1,800 STRV from November as the decrease in expected imports of refined organic and specialty sugar, which pays the high tier, out of quota duty, more than offsets the increase in beginning stocks and...

soy-oilseeds wheat

China Market Analysis

Beans to Storage China is carrying out its annual purge of stored soybeans, selling them at around a half million tons per week over two months at auction. The amount of market discount depends more on quality, which is better than a few years ago when the need for stock rotation was newly appr...

feed-grains soy-oilseeds wheat

Market Commentary: Downtrend Dominance; Wheat Hits New Lows; Soy Falls on Crush Numbers

Each year, the Chinese zodiac calendar features one animal to mark and typify the coming 365 days. If that process were applied to CBOT trade, Tuesday would have been the “day of the bear”, with all major grain markets ending in the red. The only specific trigger was the bearish NOP...

softs

Bearish Sugar Prices to Continue Despite Production Increases

The U.S. 2025/26 sugar supply is forecast at 14.119 million short tons, raw value (STRV), down 1,800 STRV from November as the decrease in expected imports of refined organic and specialty sugar, which pays the high tier, out of quota duty, more than offsets the increase in beginning stocks and...

soy-oilseeds wheat

China Market Analysis

Beans to Storage China is carrying out its annual purge of stored soybeans, selling them at around a half million tons per week over two months at auction. The amount of market discount depends more on quality, which is better than a few years ago when the need for stock rotation was newly appr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.365/bushel, down $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.095/bushel, down $0.1125 from yesterday's close.  Jan 26 Soybeans closed at $10.6275/bushel, down $0.09 from yesterday's close.  Jan 26 Soymeal closed at $302.4/short ton, down $1...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up