World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Rallies on Hail in India; Corn, Soy Turn Higher on Technical Buying

The CBOT was mostly higher to start the week with unexpected hail and rain damage to India’s wheat crop lifting world wheat markets while corn and soybeans followed through on last week’s supportive technical trade. Funds were net buyers across the CBOT for the day despite holding a fresh record short in soybeans as of Friday’s CFTC report and having barely pared back their corn short from its recent record. One factor driving some of the short covering is the looming 8 March WASDE report from USDA, which will include an update on export demand and South American crop prospects, and possibly downward revisions to U.S. biodiesel demand for soyoil. Traders are hesitant to be overly short heading into the report as the USDA s...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Volume, Mixed Outcomes

Agricultural futures were mixed today with generally higher volume except in soybeans and corn. Traders were cautious not to get out ahead of their skis given the historical propensity for USDA’s January WASDE report to contain curve balls (see below). New sales of soybeans to China made...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.46/bushel, down $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0 from yesterday's close.  Mar 26 Soybeans closed at $10.6125/bushel, down $0.0575 from yesterday's close.  Mar 26 Soymeal closed at $303.6/short ton, down $1.8 from...

livestock

Livestock Round Up: 2025 Dietary Guidelines, Meat is Back

The USDA and the Department of Health and Human Services (HHS) recently released the 2025 Dietary Guidelines for Americans (DGA). The headline developments were a direct reversal of the 2015 guidelines, which were the first to not include a recommendation to consume meat based in part on sustai...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Volume, Mixed Outcomes

Agricultural futures were mixed today with generally higher volume except in soybeans and corn. Traders were cautious not to get out ahead of their skis given the historical propensity for USDA’s January WASDE report to contain curve balls (see below). New sales of soybeans to China made...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.46/bushel, down $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0 from yesterday's close.  Mar 26 Soybeans closed at $10.6125/bushel, down $0.0575 from yesterday's close.  Mar 26 Soymeal closed at $303.6/short ton, down $1.8 from...

livestock

Livestock Round Up: 2025 Dietary Guidelines, Meat is Back

The USDA and the Department of Health and Human Services (HHS) recently released the 2025 Dietary Guidelines for Americans (DGA). The headline developments were a direct reversal of the 2015 guidelines, which were the first to not include a recommendation to consume meat based in part on sustai...

soy-oilseeds

Oilseed Highlights: Oilseed Demand Slumps while Vegoils Rise

The Market  With just two days left before the January WASDE, the soy complex is trading above week-ago levels, but that fact belies the weakness that has enveloped the market since late November. Skepticism over China’s long-term commitment to U.S. soybean purchases – especial...

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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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