World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 from yesterday's close. Dec 24 Soyoil closed at 44.44 cents/lb down 0.74 cents from yesterday's close. Dec 24 Live Cattle closed at $182.95/cwt down $1.075 from yesterday's close. Jan 25 Feeder Cattle closed at $243.2/cwt down $0.45 from yesterday's close. Dec 24 Lean Hogs closed at $80.1/cwt down $1.775 from yesterday's close. Dec 24 WTI Crude Oil closed at $68.59/barrel up $0.16 from yesterday's close. ...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.34/bushel, up $0.02 from yesterday's close.  Dec 25 Wheat closed at $5.3225/bushel, up $0.0325 from yesterday's close.  Jan 26 Soybeans closed at $10.945/bushel, down $0.0075 from yesterday's close.  Dec 25 Soymeal closed at $308.7/short ton, up $2.2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Consolidate while Soymeal Runs Higher and Cattle Firm

The lingering effects of trade agreements and now-confirmed export rumors were the primary drivers of the CBOT’s action on Wednesday. Tuesday’s rumors of China buying some U.S. soybeans ahead of the trade talks with the U.S. on Thursday were confirmed by Reuters and Bloomberg. The m...

No Political Hack; Goals versus the Market; Technicalities

No Political Hack The U.S. Senate Finance Committee held a hearing on the nomination of Dr. Julie Callahan to become the U.S. agricultural trade ambassador. The appointment is notable because Callahan does not come from Capitol Hill or other warrens of political expediency when it comes to powe...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.34/bushel, up $0.02 from yesterday's close.  Dec 25 Wheat closed at $5.3225/bushel, up $0.0325 from yesterday's close.  Jan 26 Soybeans closed at $10.945/bushel, down $0.0075 from yesterday's close.  Dec 25 Soymeal closed at $308.7/short ton, up $2.2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Consolidate while Soymeal Runs Higher and Cattle Firm

The lingering effects of trade agreements and now-confirmed export rumors were the primary drivers of the CBOT’s action on Wednesday. Tuesday’s rumors of China buying some U.S. soybeans ahead of the trade talks with the U.S. on Thursday were confirmed by Reuters and Bloomberg. The m...

No Political Hack; Goals versus the Market; Technicalities

No Political Hack The U.S. Senate Finance Committee held a hearing on the nomination of Dr. Julie Callahan to become the U.S. agricultural trade ambassador. The appointment is notable because Callahan does not come from Capitol Hill or other warrens of political expediency when it comes to powe...

FOB Prices and Freight Rates App (Updated 29 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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