World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.35/bushel, down $0.0475 from yesterday's close.  Jul 24 Wheat closed at $5.615/bushel, down $0.1125 from yesterday's close.  Jul 24 Soybeans closed at $11.605/bushel, up $0.0525 from yesterday's close.  Jul 24 Soymeal closed at $361.8/short ton, up $4.2 from yesterday's close.  Jul 24 Soyoil closed at 43.94 cents/lb down 0.03 cents from yesterday's close.  Aug 24 Live Cattle closed at $183.15/cwt up $0.6 from yesterday's close.  Aug 24 Feeder Cattle closed at $258.375/cwt down $1.45 from yesterday's close.  Aug 24 Lean Hogs closed at $89.325/cwt up $0.2 from yesterday's close.  Aug 24 WTI Crude Oil closed at $80.59/barrel down $0.7 from yesterday's close.   ...

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Beef Market Recap and Outlook

On 21 November, Tyson Foods, one of the largest beef packing companies in the United States, announced it will close its cattle slaughter facility in Lexington, Nebraska, and reduce its beef operations in Amarillo, Texas, down to a single, full-capacity shift. Based on estimated slaughter at bo...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT Harvest advanced 13.1 percent week-over-week, reaching 73 percent of total area, with yields remaining above average and above earlier expectations. As a result, the Buenos Aires Grain Exchange raised its production estimate to 27.1 MMT, broadly in line with the Rosario Board of Trade&rsq...

livestock

Beef Market Recap and Outlook

On 21 November, Tyson Foods, one of the largest beef packing companies in the United States, announced it will close its cattle slaughter facility in Lexington, Nebraska, and reduce its beef operations in Amarillo, Texas, down to a single, full-capacity shift. Based on estimated slaughter at bo...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT Harvest advanced 13.1 percent week-over-week, reaching 73 percent of total area, with yields remaining above average and above earlier expectations. As a result, the Buenos Aires Grain Exchange raised its production estimate to 27.1 MMT, broadly in line with the Rosario Board of Trade&rsq...

WPI Grain Transportation Report

Dry-bulk freight markets are mixed this week with pre-holiday trade driving diverging trends. The Capesize sector saw some strength, primarily in the Atlantic, with demand for Brazilian loadings driving the market.  Panamax and Supramax markets, in contrast, saw weaker pricing as ballaster...

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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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