World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 23 Corn closed at $4.7625/bushel, up $0.0475 from yesterday's close.  Dec 23 Wheat closed at $5.84/bushel, down $0.0725 from yesterday's close.  Nov 23 Soybeans closed at $13.155/bushel, down $0.0125 from yesterday's close.  Dec 23 Soymeal closed at $389.2/short ton, up $1.3 from yesterday's close.  Dec 23 Soyoil closed at 60.29 cents/lb down 0.65 cents from yesterday's close.  Dec 23 Live Cattle closed at $190.475/cwt down $0.525 from yesterday's close.  Oct 23 Feeder Cattle closed at $259.35/cwt down $1.6 from yesterday's close.  Oct 23 Lean Hogs closed at $84.85/cwt up $1.6 from yesterday's close.  Nov 23 WTI Crude Oil closed at $90.85/barrel up $0.27 from yesterday's close.  &nbs...

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feed-grains wheat livestock

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Syria’s wheat crop is expected to be down by 75 percent this year due to severe drought conditions. Syria will need to find a source for about 2.7 MMT of wheat in order to supply the population. Syria is hoping that the lift...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed that managed money traders are becoming increasingly bearish corn and the soy complex while gradually easing short bets in the wheat market. The net effect of this dynamics, plus some mixed trade in livestock futures, was that funds’ total ag position (th...

livestock

Cattle on Feed

U.S. Cattle on Feed was down 2 percent from a year ago on May 1, 2025. Cattle in feedlots with capacity of 1,000 or more head and totaled 11.4 million.  Placements in feedlots during April totaled 1.61 million head, 3 percent below 2024.  Marketings of fed cattle during April totaled...

feed-grains wheat livestock

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Syria’s wheat crop is expected to be down by 75 percent this year due to severe drought conditions. Syria will need to find a source for about 2.7 MMT of wheat in order to supply the population. Syria is hoping that the lift...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed that managed money traders are becoming increasingly bearish corn and the soy complex while gradually easing short bets in the wheat market. The net effect of this dynamics, plus some mixed trade in livestock futures, was that funds’ total ag position (th...

livestock

Cattle on Feed

U.S. Cattle on Feed was down 2 percent from a year ago on May 1, 2025. Cattle in feedlots with capacity of 1,000 or more head and totaled 11.4 million.  Placements in feedlots during April totaled 1.61 million head, 3 percent below 2024.  Marketings of fed cattle during April totaled...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day but a Solid Week

Pre-Holiday Trade There was higher volume trading soybeans today, but generally lower pre-holiday volume in other contracts. Despite an overall strong week, Friday brought lower prices except for soyoil, HRS, and Feeder Cattle. It was the fourth session higher this week for Minneapolis wheat. P...

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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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