World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.61/bushel, down $0.0875 from yesterday's close.  Dec 19 Wheat closed at $4.535/bushel, down $0.09 from yesterday's close.  Nov 19 Soybeans closed at $8.685/bushel, down $0.005 from yesterday's close.  Dec 19 Soymeal closed at $294.1/short ton, down $1.2 from yesterday's close.  Dec 19 Soyoil closed at 29.09 cents/lb up 0.28 cents from yesterday's close.  Oct 19 Live Cattle closed at $99.275/cwt up $0.35 from yesterday's close.  Oct 19 Feeder Cattle closed at $132.1/cwt up $1.3 from yesterday's close.  Oct 19 Lean Hogs closed at $66.525/cwt up $3 from yesterday's close.  Oct 19 WTI Crude Oil closed at $53.94/barrel down $1.16 from yesterday's close.   ...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Macroeconomic Updates Argentina saw a shortened trading week, with no markets last Thursday and Friday. It was also the first week of trading under the new exchange rate regulations, so it took the markets a few days to adjust. Regarding the official exchange rate, it opened on Monday...

feed-grains soy-oilseeds

2025/2026 Trade Update

Almost none of the primary U.S. grain or oilseed offerings have made a solid start to 2025-26, as export sales for the upcoming marketing year are largely near multi-year lows. This is not yet a huge problem since the typical buying periods for the season’s supplies are mostly still in th...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report was consistent with expectations in that it showed managed money traders becoming dedicated net buyers across nearly every major ag market, with the notable exception of cattle futures. The buying was most notable in soybeans where, despite the trade war, funds flippe...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Macroeconomic Updates Argentina saw a shortened trading week, with no markets last Thursday and Friday. It was also the first week of trading under the new exchange rate regulations, so it took the markets a few days to adjust. Regarding the official exchange rate, it opened on Monday...

feed-grains soy-oilseeds

2025/2026 Trade Update

Almost none of the primary U.S. grain or oilseed offerings have made a solid start to 2025-26, as export sales for the upcoming marketing year are largely near multi-year lows. This is not yet a huge problem since the typical buying periods for the season’s supplies are mostly still in th...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report was consistent with expectations in that it showed managed money traders becoming dedicated net buyers across nearly every major ag market, with the notable exception of cattle futures. The buying was most notable in soybeans where, despite the trade war, funds flippe...

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...

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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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