World Perspectives
feed-grains soy-oilseeds wheat

PM Post - New Highs

THE OPEN Jan beans: 11 higher Dec meal:  2.90 higher Dec soyoi:  61 higher Dec corn:  2 3/4 higher Dec wheat:  2 1/2 higher The markets opened higher with beans and soyoil place new contract highs.  Oilshare is higher as well as traders buy soyoil/sell meal.   Buy beans/sell wheat trade continues as a fan favorite trade as stocks-to-use ratio remains tight for the first and generous for the latter.  Upward pressure continues in beans as they head into ration mode as exports will draw-down stocks.  Beans and soyoil prices are also extremely overbought, suggesting that a pullback is needed to clean house at some point.  SOY

The open continued to accelerate Jan beans to new contract h...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: Risk is Priced In — But Not Yet Believed

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Sugar Supply and Demand Situation

Mexico’s 2025/26 sugar production is estimated to be 5.024 million MT, reflecting about a 6 percent increase from 4.7 million MT after the past two years of weather-affected output, including both persistent drought and ill-timed rains. Nonetheless, production remains near the low end com...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.49/bushel, down $0.05 from yesterday's close.  May 26 Wheat closed at $5.98/bushel, up $0.0275 from yesterday's close.  May 26 Soybeans closed at $11.5825/bushel, down $0.085 from yesterday's close.  May 26 Soymeal closed at $311.8/short ton, down $4.8 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Risk is Priced In — But Not Yet Believed

Key Market Developments Macro/Geopolitics:  Markets are staring down a deadline tonight as President Donald Trump pushes Iran to reopen the Strait of Hormuz by 8:00 PM Eastern. So far, Iran has rejected the U.S.-backed ceasefire proposal — reportedly delivered through Pakistan &mdash...

Sugar Supply and Demand Situation

Mexico’s 2025/26 sugar production is estimated to be 5.024 million MT, reflecting about a 6 percent increase from 4.7 million MT after the past two years of weather-affected output, including both persistent drought and ill-timed rains. Nonetheless, production remains near the low end com...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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