World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Mixed on Profit-taking/Pricing

GOOD MORNING, Prices are mixed as we come to the month's end with profit-taking on one end and commercial pricing activity on breaks of size.  Oilshare continues to firm, and soyoil trades to new contract highs along with nearby corn bullspreads.   Corn gains on beans given export sales and a further probable reduction in carry-out.  The corn/bean ratio now stands at 2.58:1.    Bean harvest should continue to accelerate in Brazil, bringing more pressure to the market, which could be why the market is resisting traveling over $14.00 for now.  So far, harvesting delays in Brazil may continue throughout Feb, with one research group calling for conditions to normalize in March.  It is estimated that Bra...

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livestock

Livestock Round Up: Cattle Inventory Report Preview

USDA’s semi-annual cattle report will be issued on Friday. The outlook calls for the cattle herd to be 86.4 million head, down from 86.7 million head last January, making it the seventh consecutive decline since 2019 and putting the cattle herd down 2 percent from the previous low point i...

feed-grains soy-oilseeds wheat

Market Commentary: Weak Dollar Triggers Grains Rally; Wheat Breaks Major Resistance Levels

Grains rallied across the board overnight and through Wednesday’s day session as a plunging U.S. dollar made U.S. exports more competitive. The move is especially valuable as the Brazilian soybean harvest accelerates and could keep U.S. shipments flowing. The cheaper greenback is also cri...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3/bushel, up $0.035 from yesterday's close.  Mar 26 Wheat closed at $5.36/bushel, up $0.1275 from yesterday's close.  Mar 26 Soybeans closed at $10.75/bushel, up $0.0775 from yesterday's close.  Mar 26 Soymeal closed at $297.8/short ton, up $3.8 from yest...

livestock

Livestock Round Up: Cattle Inventory Report Preview

USDA’s semi-annual cattle report will be issued on Friday. The outlook calls for the cattle herd to be 86.4 million head, down from 86.7 million head last January, making it the seventh consecutive decline since 2019 and putting the cattle herd down 2 percent from the previous low point i...

feed-grains soy-oilseeds wheat

Market Commentary: Weak Dollar Triggers Grains Rally; Wheat Breaks Major Resistance Levels

Grains rallied across the board overnight and through Wednesday’s day session as a plunging U.S. dollar made U.S. exports more competitive. The move is especially valuable as the Brazilian soybean harvest accelerates and could keep U.S. shipments flowing. The cheaper greenback is also cri...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3/bushel, up $0.035 from yesterday's close.  Mar 26 Wheat closed at $5.36/bushel, up $0.1275 from yesterday's close.  Mar 26 Soybeans closed at $10.75/bushel, up $0.0775 from yesterday's close.  Mar 26 Soymeal closed at $297.8/short ton, up $3.8 from yest...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 19–23 January 2026 The Russian grains market is volatile, showing bearish sentiments on the RUB export trade platform despite increased export prices, even with zero duty in place. The government woke up to the fact that, to remain competitive and make both the farm...

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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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