World Perspectives
feed-grains

Technical Views - Leveling Up

SPREADS Dec crush trades 1.03c/bu while oilshare is steady at 45.78%.  Dec/March corn trades out to 8 1/4c from 7 3/4c while the Dec 21/22 inverse falls further to 15 1/2c from 19 1/4c.   Dec/March wheat trades from 11 1/2c to 12 1/2c.  Dec wheat/corn trades from 1.73 1/2c to 1.78c.  Nov/Jan bean carry trades 9 3/4c to 10c.   Nov 21/22 inverse trades from 26c to 28c.  Sep/Dec meal trades from $4.30 to $4.60. PALM OIL Dec. down 4 ringgits to 4,451 ringgit/mt.  NEWS Stocks are 150 pts higher as crude oil trades down to $73.74/barrel.   The US dollar trades to 93.98.  CALLS Calls are as follows: beans: 1-3 higher  meal:  .80-.90 higher soyoil:  10-15 higher c...

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Black Sea Regional Analysis

Russian Grain Markets: 16–20 February 2026 During the week under review, the Russian grain market showed localized volatility across interior regions but remained generally stable at export terminals, the country’s primary trading platform. Among commodities, top-grade milling wheat...

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Market Commentary: Soybeans Rally on PNW Export Rumors; Grains Ease on Profit Taking

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Supreme Court Ruling on Tariffs: Out with Old, In with New

Last Thursday, the Supreme Court of the United States upheld a lower court ruling that the tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were “contrary to the law.” However, as President Trump noted, the opinion remained silent on the issue of rebatin...

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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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