World Perspectives
feed-grains

AM Outlook - Soft Bottom

GOOD MORNING, Soft markets were seen overnight as harvest looms large with clear weather over the next 10 days.  The market continues to monitor progress in the Gulf.  Traders are watching to see what the USDA has to say on Friday at 11:00 central time.  Trends have been lower - - can they be reversed on report day?  Sometimes that is how a market bottoms.  The problems at the Gulf may have driven prices down quicker than they would have gone. Chatter has it that around 50 or more vessels were off the Gulf.  It will take time to get all moving again.  In the meantime, sharply higher barge rates is lowering some interior basis levels.  Spreads have been weakening, and could so further as more supply c...

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feed-grains soy-oilseeds wheat

Market Commentary: Grains Gain as Dollar Falls; Soybeans Extend Rally on Acreage and Heat

The CBOT on Wednesday saw grains make a slight recovery and correction from Tuesday’s WASDE-induced selloff while the soybean market extended the bullish trade. Both corn and wheat pushed slightly higher for the day with concerns about heat in the Corn Belt supporting corn trade while whe...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $3.9725/bushel, up $0.0275 from yesterday's close.  Sep 25 Wheat closed at $5.0725/bushel, up $0.0225 from yesterday's close.  Nov 25 Soybeans closed at $10.4425/bushel, up $0.115 from yesterday's close.  Dec 25 Soymeal closed at $297.3/short ton, up $5.4 fr...

BRICS Unload; Pity the European Farmer; Policy Shorts

BRICS Unload President Trump has slow walked or balked at negotiating trade agreements with Brazil, India and South Africa. The supposed reasons include unfair treatment of Brazil’s Bolsonaro, India’s failure to open its market to U.S. farm goods while buying Russian oil, and South...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Gain as Dollar Falls; Soybeans Extend Rally on Acreage and Heat

The CBOT on Wednesday saw grains make a slight recovery and correction from Tuesday’s WASDE-induced selloff while the soybean market extended the bullish trade. Both corn and wheat pushed slightly higher for the day with concerns about heat in the Corn Belt supporting corn trade while whe...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $3.9725/bushel, up $0.0275 from yesterday's close.  Sep 25 Wheat closed at $5.0725/bushel, up $0.0225 from yesterday's close.  Nov 25 Soybeans closed at $10.4425/bushel, up $0.115 from yesterday's close.  Dec 25 Soymeal closed at $297.3/short ton, up $5.4 fr...

BRICS Unload; Pity the European Farmer; Policy Shorts

BRICS Unload President Trump has slow walked or balked at negotiating trade agreements with Brazil, India and South Africa. The supposed reasons include unfair treatment of Brazil’s Bolsonaro, India’s failure to open its market to U.S. farm goods while buying Russian oil, and South...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 4 – 8 August 2025 The speed of the harvesting campaign was the key price driver. Improved harvesting pace in the Centre and Black Soil regions made most of the grain prices plummet except for the best milling quality wheat. This is understandable as excessive rains...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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