World Perspectives
feed-grains

Technical Views - The Upshot

SPREADS Dec crush trades to 1.36c/bu while oilshare trades to new highs at 49.47%.  Bean spreads are weaker as November contracts continue to roll forward.  Nov/Jan bean carry trades from 11c to 11 1/2c, while Nov 21/22 trades from 1 3/4c to 6 3/4c carry.  Nov/March bean spread trades out to 21 1/4c.  Dec/March corn trades from 8 3/4c to 9c, while the Dec 21/22 inverse trades from 9 1/2c to 6 1/4c.  Dec /March wheat trades from 13 1/4c to 13 3/4c carry.  Dec wheat/corn trades from 2.06 1/4c to 2.05c. PALM OIL Dec down 27 ringgits/mt.  Cash offers down $5/mt.    NEWS Stocks are up 20 pts. while crude trades to $79.66/barrel. The US dollar trades down to 94.12.   CALLS Calls today...

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No Trade Bailout; Statements Betray USMCA

No Trade Bailout The Trump Administration’s $12 billion economic assistance package to farmers is being framed by the media as a “bailout” for the adverse impact of the President’s tariffs and trade wars. But there is no adverse impact in most instances. Wheat prices hav...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Market Commentary: China Buys While Timeline Changes; Wheat Drops on Export Outlook

Once again, the headlines for CBOT trade revolved around news from China, this time in support of both bulls and bears. Bulls benefited from the news of “flash” export sales of 17 Mbu to China and unknown destinations, which was an obvious encouragement to the market. One of the rea...

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Summary of Futures

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Market Commentary: China Buys While Timeline Changes; Wheat Drops on Export Outlook

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 1–5 December 2025 Russia’s grain markets remained largely bearish during the first week of December, although some regions showed bullish sentiment. Trends varied between the European and Asian parts of the country. In Siberia, wheat prices declined across all...

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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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