World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Rises as Russia Considers Export Ban; Cattle Extend Rally

The CBOT saw wheat emerge as the upside leader for the day with multiple bullish stories offering support, including one from Reuters that indicates Russia may be considering a ban on grain exports. Details are nonexistent, but there is reportedly a meeting soon between the ag ministry and grain traders to “discuss” a possible ban. That, combined with global weather issues and a 1-MMT cut to Argentina’s wheat crop forecast, put wheat in the green for the day. Corn and soybeans tried to follow but, lacking any bullish story(ies) of their own, such attempts failed and markets slid lower. Funds were slight net sellers in corn and the soy complex while still covering shorts in wheat. Pre-WASDE trade and position evening, of co...

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feed-grains soy-oilseeds wheat

Market Commentary: Soybean Spillover Rides Another Day

There was high-volume trading in soybeans again today after hitting record levels yesterday. The enthusiasm carried over to corn and soymeal as well, and there was good volume trading in soyoil contracts. There is understandable skepticism that China would pay 80 cents/bushel more for U.S. soyb...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.35/bushel, up $0.055 from yesterday's close.  Mar 26 Wheat closed at $5.3525/bushel, up $0.085 from yesterday's close.  Mar 26 Soybeans closed at $11.1225/bushel, up $0.2 from yesterday's close.  Mar 26 Soymeal closed at $303.2/short ton, up $7 from yeste...

Rock, Paper, Scissors

Markets still do not know how to react to President Trump’s announcement that he has completed a trade deal with India. U.S. Trade Representative Jamieson Greer says the details are being papered, or written up, now. The deal has sparked a transatlantic war of words, with Brussels mocking...

feed-grains soy-oilseeds wheat

Market Commentary: Soybean Spillover Rides Another Day

There was high-volume trading in soybeans again today after hitting record levels yesterday. The enthusiasm carried over to corn and soymeal as well, and there was good volume trading in soyoil contracts. There is understandable skepticism that China would pay 80 cents/bushel more for U.S. soyb...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.35/bushel, up $0.055 from yesterday's close.  Mar 26 Wheat closed at $5.3525/bushel, up $0.085 from yesterday's close.  Mar 26 Soybeans closed at $11.1225/bushel, up $0.2 from yesterday's close.  Mar 26 Soymeal closed at $303.2/short ton, up $7 from yeste...

Rock, Paper, Scissors

Markets still do not know how to react to President Trump’s announcement that he has completed a trade deal with India. U.S. Trade Representative Jamieson Greer says the details are being papered, or written up, now. The deal has sparked a transatlantic war of words, with Brussels mocking...

livestock

Livestock Roundup: Dairy Herd

The U.S. dairy herd in 2025 expanded at the fastest pace since the 1950s and reached a level that has not occurred since the early 1990s. Based on the USDA monthly milk production report for December, the milk cow herd totaled 9.567 million head, up from the prior month and 212,000 head from a...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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