World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Selloff Continues Despite Tour Yields; Corn, Soybeans Score New Lows

The CBOT was, once again, mostly lower to end a week of strong selling as fund liquidation and speculative short selling continued. There was little fresh fundamental news for the day - and what bullish news developed for the wheat market was mostly ignored – which left the market to continue its trend lower. For the week, KC wheat and soybeans posted the largest percentage losses and all the major markets plowed through varying technical support levels.  The Wheat Quality Tour pegged the Kansas HRW yield at just 30.0 BPA – the lowest yield since at least 2000 but up slightly from USDA’s May forecast of 29 BPA. The Tour’s five-year average yield for Kansas is 45.6 BPA and the total production from Kansas for 20...

Related Articles
feed-grains soy-oilseeds wheat

Export Sales Bouy Grains; Argy Weather, Slow Exports Sink Soybeans

Grain markets were quiet in Friday’s overnight trade despite the bullish technical days they scored on Thursday. The Export Sales report – as one of the few fundamental updates available for the day – was influential in determining the grain markets’ direction for the day. That meant support fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.54/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.465/bushel, up $0.055 from yesterday's close. Mar 25 Soybeans closed at $9.8975/bushel, down $0.075 from yesterday's close. Mar 25 Soymeal closed at $310.5/short ton, down $4.4 from y...

feed-grains soy-oilseeds wheat

Argentine Weather Emboldens CBOT Bulls

The CBOT found its way to higher ground on Thursday after an old-school hard opening with no overnight session to guide the market. Argentina’s weather is starting to become more impactful for grain futures as dryness persists into the mid-January forecast, which could disrupt early corn and so...

feed-grains soy-oilseeds wheat

Export Sales Bouy Grains; Argy Weather, Slow Exports Sink Soybeans

Grain markets were quiet in Friday’s overnight trade despite the bullish technical days they scored on Thursday. The Export Sales report – as one of the few fundamental updates available for the day – was influential in determining the grain markets’ direction for the day. That meant support fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.54/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.465/bushel, up $0.055 from yesterday's close. Mar 25 Soybeans closed at $9.8975/bushel, down $0.075 from yesterday's close. Mar 25 Soymeal closed at $310.5/short ton, down $4.4 from y...

feed-grains soy-oilseeds wheat

Argentine Weather Emboldens CBOT Bulls

The CBOT found its way to higher ground on Thursday after an old-school hard opening with no overnight session to guide the market. Argentina’s weather is starting to become more impactful for grain futures as dryness persists into the mid-January forecast, which could disrupt early corn and so...

livestock

Livestock Roundup: Butterfat Boom

As WPI reported on 2 July, USDA released its proposed Federal Milk Marketing Order (FMMO) reforms; the final proposal was released in early November 2024.  This final proposal will now go to producer referenda in each of the 11 FMMO regions. Producers whose milk was pooled in January...

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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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