World Perspectives
feed-grains

Technical Views - Corn/Soymeal Lower

SPREADS Dec oilshare trades to 45.20% while crush trades up to 89.85c.  Dec/March corn narrows into 7 1/4c from 7 1/2c.  Dec 21/22 trades from 24 1/2c inverse down to 22 3/4c.  Nov/Jan bean carry trades from 8 3/4c out to 9 1/2c, while the Nov 21/22 trades from 36 1/4c inverse down to 31 3/4c.  Dec/March wheat trades from 10c to 10 1/2c carry.  Dec wheat/corn trades from 1.81 1/2c up to 1.86 1/2c. PALM OIL Dec. up 122 ringgits to close at 4,452 ringgit/mt.  NEWS Stocks are 240 pts higher with crude trading to $72.54/barrel, and the US dollar trading down to 93.09.   CALLS Calls are as follows:  beans: 3-5 higher  meal:  .80-.90 lower soyoil:  40-50 pts higher corn: ...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders paring back their slightly bearish combined bets across the ag space. The past several weeks have featured few meaningful changes in the net ag position — the sum of funds’ holdings across corn, the soy complex, all three class...

feed-grains soy-oilseeds wheat

Market Commentary: A Strong Close for the Week

Markets were higher in the overnight and were all green at the open this morning. By the end of the session, most remained higher except meal and HRS. It was mostly a bounce back Friday instead of a profit taking end of the week. Though there was generally some of the lowest volumes traded for...

Tariffs and the Value of the U.S. Dollar

The U.S. dollar has declined in value by 6.8 percent over the course of 2025, despite rising from its July lows. Typically, the value of the dollar strengthens during time of economic or geopolitical chaos, but not this year. Two major factors in the decline have been interest rates and Trump&r...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders paring back their slightly bearish combined bets across the ag space. The past several weeks have featured few meaningful changes in the net ag position — the sum of funds’ holdings across corn, the soy complex, all three class...

feed-grains soy-oilseeds wheat

Market Commentary: A Strong Close for the Week

Markets were higher in the overnight and were all green at the open this morning. By the end of the session, most remained higher except meal and HRS. It was mostly a bounce back Friday instead of a profit taking end of the week. Though there was generally some of the lowest volumes traded for...

Tariffs and the Value of the U.S. Dollar

The U.S. dollar has declined in value by 6.8 percent over the course of 2025, despite rising from its July lows. Typically, the value of the dollar strengthens during time of economic or geopolitical chaos, but not this year. Two major factors in the decline have been interest rates and Trump&r...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for August 1-7, 2025.  Wheat: Net sales of 722,800 metric tons (MT) for 2025/2026 were down 2 percent from the previous week, but up 14 percent from the prior 4-week average. Export shipments of 340,800 MT were down 49 percent from the previous week and 37 percen...

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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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