World Perspectives
soy-oilseeds

Oilseed Highlights – Down Trend or Bottom?

The Market The May soybean contract experienced its lowest close of 2023 today. At 1476.5, it is now below the 100-day moving average. With a record number of speculative longs pouring into May soymeal futures, it was vulnerable to a pullback and that is what happened this week. It lost $19.90/ST. May soyoil held onto a net gain this week of .85 cents and is valued at 57.46/pound, but some believe it will climb further. There are always diverse viewpoints but it is particularly true this time of year.  The CFTC again delayed its usual Friday issuance of the Commitment of Traders report. However, noncommercial speculators remained net long in soybeans as of 7 March. Noncommercial net-longs in soymeal were record large, which likely...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 4-10, 2025.  Wheat: Net sales of 76,500 metric tons (MT) for 2024/2025 were down 29 percent from the previous week, but up 2 percent from the prior 4-week average. Export shipments of 483,500 MT were up 43 percent from the previous week and 11 percent f...

livestock

Cattle on Feed - April 2025

U.S. cattle on Feed totaled totaled 11.6 million head on April 1, 2025 - 2 percent below April 1, 2024.  Placements in feedlots during March totaled 1.84 million head, 5 percent above 2024.  Marketings of fed cattle during March totaled 1.73 million head, 1 percent above 2024.  O...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8225/bushel, down $0.02 from yesterday's close.  May 25 Wheat closed at $5.4875/bushel, up $0.01 from yesterday's close.  May 25 Soybeans closed at $10.365/bushel, down $0.0225 from yesterday's close.  May 25 Soymeal closed at $295.6/short ton, down $1.1...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 4-10, 2025.  Wheat: Net sales of 76,500 metric tons (MT) for 2024/2025 were down 29 percent from the previous week, but up 2 percent from the prior 4-week average. Export shipments of 483,500 MT were up 43 percent from the previous week and 11 percent f...

livestock

Cattle on Feed - April 2025

U.S. cattle on Feed totaled totaled 11.6 million head on April 1, 2025 - 2 percent below April 1, 2024.  Placements in feedlots during March totaled 1.84 million head, 5 percent above 2024.  Marketings of fed cattle during March totaled 1.73 million head, 1 percent above 2024.  O...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8225/bushel, down $0.02 from yesterday's close.  May 25 Wheat closed at $5.4875/bushel, up $0.01 from yesterday's close.  May 25 Soybeans closed at $10.365/bushel, down $0.0225 from yesterday's close.  May 25 Soymeal closed at $295.6/short ton, down $1.1...

feed-grains soy-oilseeds wheat

Pre-Holiday Low Volume with Mixed Outcomes

There might be more life on the planet K2-18b than was seen in some of the trading pits today. While some contracts closed higher and others lower, the one consistent thing was lower pre-holiday volume across grains and oilseeds.  Ahead of a three-day market hiatus, all major contracts clo...

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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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