World Perspectives
soy-oilseeds

Oilseeds Situation – Mixed Outlook

Supply While the global supply of oilseeds and products is tight, it could get tighter or looser. The least likely factor to reduce demand and thus loosen supply constraints is Omicron. While pandemic specialists are still trying to figure out the direction of this version of the bug, markets have become experienced and there wasn’t much impact when COVID first arrived. The reduction in the growth in global soyoil and soymeal demand occurred before COVID hit. The biggest impact from COVID has been where and how food is consumed, not in sudden food rationing.  This week’s NOPA report showed a slightly lower U.S. crush, and a decline in soyoil stocks, the first such drop in five months. Plants decided to clear some invent...

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WPI Grain Transportation Report

Dry Bulk Markets  The dry bulk market rally of the past two weeks has ended with rates turning softer this week. The Capesize sector – which lead the recent rally – is now leading the way lower with the Panamax sector in tow. The reason for the weaker rates is that fresh cargo...

feed-grains soy-oilseeds wheat

Market Commentary: New Highs and Lows, Mixed Volume and Results

December corn closed higher for a second session in a row, no doubt aided by the daily export sales reported by USDA. By contrast and since its recent high back on 18 July, both the September and November soybean contracts have closed lower each session but one.   There was higher vol...

livestock

Livestock Roundup: Cage-Free Egg Trend Complicates HPAI Recovery

USDA released its Egg Products report yesterday. Shell eggs broken totaled 199 million dozen during June 2025, down 2 percent from June 2024, but 2 percent above the 194 million dozen broken during May. During calendar year 2025 through June, shell eggs broken totaled 1.15 billion dozen, down 1...

WPI Grain Transportation Report

Dry Bulk Markets  The dry bulk market rally of the past two weeks has ended with rates turning softer this week. The Capesize sector – which lead the recent rally – is now leading the way lower with the Panamax sector in tow. The reason for the weaker rates is that fresh cargo...

feed-grains soy-oilseeds wheat

Market Commentary: New Highs and Lows, Mixed Volume and Results

December corn closed higher for a second session in a row, no doubt aided by the daily export sales reported by USDA. By contrast and since its recent high back on 18 July, both the September and November soybean contracts have closed lower each session but one.   There was higher vol...

livestock

Livestock Roundup: Cage-Free Egg Trend Complicates HPAI Recovery

USDA released its Egg Products report yesterday. Shell eggs broken totaled 199 million dozen during June 2025, down 2 percent from June 2024, but 2 percent above the 194 million dozen broken during May. During calendar year 2025 through June, shell eggs broken totaled 1.15 billion dozen, down 1...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1375/bushel, up $0.015 from yesterday's close.  Sep 25 Wheat closed at $5.2325/bushel, down $0.005 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, down $0.065 from yesterday's close.  Dec 25 Soymeal closed at $276/short ton, up $1.5 fro...

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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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