World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Post Panic Buying

GOOD MORNING, Funds purchased a good chunk of corn on Tuesday to the tune of 30K contracts.  The gap-higher trade in corn Tuesday implied that there was some panic-buying from not only funds who had to cover shorts, but from end-users willing to raise their ideas as they now felt they had to chase prices.  This is something not seen in corn since prices bottomed out after the August WASDE with December prices at $3.20.  The gap in corn this week showed that old shorts were throwing in the towel as prices jumped to new highs.   Grains are weaker this morning as some of the panic-buying subsides.  Corn prices may begin weaker, but China has been buying this market, and in lieu of a drop in ratings the $3.50 may...

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong gains for the day. The reasoning for each market’s rally was unique, but there were commonalities between all. For grains, the biggest common factor was short covering an...

Vietnam Deal; EU Green Targets

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feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong gains for the day. The reasoning for each market’s rally was unique, but there were commonalities between all. For grains, the biggest common factor was short covering an...

Vietnam Deal; EU Green Targets

Vietnam Deal As the 9 July deadline approaches, a second trade deal was announced by President Trump. He says the U.S. will apply a 20 percent tariff on imports from Vietnam (versus 46 percent reciprocal), and 40 percent if the product was transshipped. The duty could vary based on domestic con...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

FOB Prices and Freight Rates App (Updated 2 July)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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