World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - A Tale of Two Weather Patterns

GOOD MORNING, Prices are mixed with rains in the eastern Corn Belt weighing on prices, and lower crude oil creating a buy meal/sell soyoil trade.  Soyoil trades sharply lower on weaker palm and crude which impacts beans.   Corn spreads are weaker while nearby bean spreads reach new highs.   The Goldman roll continues to today for September contracts. The August 12 WASDE will be released at 11:00 central time.  Look for more position - evening into that event.  Advertised guesses for corn production is 15.0 bln bu, vs. 15.165 bln bu mo ago, and a yield at 177.6 bpa vs. 179.5 bpa.  Advertised guesses for beans on Thursday are at 4.375 blnbu vs. 4.405 bln bu mo ago, and a yield of 50.4 bpa vs. 50.8 bpa...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 2 - 8, 2026. Wheat: Net sales of 156,300 metric tons (MT) for 2025/2026 were up 32 percent from the previous week, but down 21 percent from the prior 4-week average. Export shipments of 303,300 MT were up 76 percent from the previous week, but down 29 perc...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Grain Demand, Technical Factors Stabilize CBOT

The CBOT finally saw bulls emerge after the past two days of selling as technical factors and strong corn and soybean demand supported positive sentiments. Futures were oversold based on short-term technical factors and, consequently, were ripe for a little bounce. The day’s news confirme...

Trump’s Rhetoric; Ag Fear; Ag Trade Future

Trump’s Rhetoric The timing for release of the U.S. Supreme Court’s decision on President Trump’s tariffs has been speculated by the media rather than preordained by the Court itself. Today came and went without such an announcement. The fundamental issue for the Court is whet...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 2 - 8, 2026. Wheat: Net sales of 156,300 metric tons (MT) for 2025/2026 were up 32 percent from the previous week, but down 21 percent from the prior 4-week average. Export shipments of 303,300 MT were up 76 percent from the previous week, but down 29 perc...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Grain Demand, Technical Factors Stabilize CBOT

The CBOT finally saw bulls emerge after the past two days of selling as technical factors and strong corn and soybean demand supported positive sentiments. Futures were oversold based on short-term technical factors and, consequently, were ripe for a little bounce. The day’s news confirme...

Trump’s Rhetoric; Ag Fear; Ag Trade Future

Trump’s Rhetoric The timing for release of the U.S. Supreme Court’s decision on President Trump’s tariffs has been speculated by the media rather than preordained by the Court itself. Today came and went without such an announcement. The fundamental issue for the Court is whet...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.22/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.125/bushel, up $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.425/bushel, up $0.0375 from yesterday's close.  Mar 26 Soymeal closed at $291.9/short ton, up $0.3 from ye...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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