World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 30 January - 3 February 2023    Russian domestic grain markets remained stable. The only commodity which slightly recovered is barley, but this is the exception rather than the rule. It is a record crop in Russia this season. Corn is under pressure from Ukrainian price dumping in the region, however, incredible high freight rates and demurrage in the Black Sea make it quite difficult to figure the right price. In any case, traders are trying to secure their positions and minimize risks thus keeping their bids low knowing that there is sufficient supply of grains in the region.  Since the beginning of the war in Ukraine, some Russian farms (especially those closely linked to Putin) grew in size and obv...

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feed-grains soy-oilseeds wheat

Market Commentary: Reversal Stays Intact as Harvest Nears Final Stages

It was another day of mostly higher markets as the reversal continued its strength particularly in soybeans and soymeal. While the redirection has been less overall price significant in corn, it was the seventh session higher in the past eight. Soybeans have closed higher in six of the past sev...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.28/bushel, up $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.13/bushel, up $0.0925 from yesterday's close.  Nov 25 Soybeans closed at $10.4475/bushel, up $0.1 from yesterday's close.  Dec 25 Soymeal closed at $292.3/short ton, up $2.3 from yeste...

feed-grains soy-oilseeds wheat

What Are Funds Doing Now? Forecasting the Missing CFTC Data

One of the key data points the ag (and broader) commodity markets are used to getting from the now-shuttered federal government is the weekly CFTC report, which shows how funds and commercials are positioned in the markets. The data is highly useful for myriad applications, and the current lack...

feed-grains soy-oilseeds wheat

Market Commentary: Reversal Stays Intact as Harvest Nears Final Stages

It was another day of mostly higher markets as the reversal continued its strength particularly in soybeans and soymeal. While the redirection has been less overall price significant in corn, it was the seventh session higher in the past eight. Soybeans have closed higher in six of the past sev...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.28/bushel, up $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.13/bushel, up $0.0925 from yesterday's close.  Nov 25 Soybeans closed at $10.4475/bushel, up $0.1 from yesterday's close.  Dec 25 Soymeal closed at $292.3/short ton, up $2.3 from yeste...

feed-grains soy-oilseeds wheat

What Are Funds Doing Now? Forecasting the Missing CFTC Data

One of the key data points the ag (and broader) commodity markets are used to getting from the now-shuttered federal government is the weekly CFTC report, which shows how funds and commercials are positioned in the markets. The data is highly useful for myriad applications, and the current lack...

feed-grains soy-oilseeds wheat

Market Commentary: Playing Chess and Chicken; Trump Post Triggers Cattle Crash

U.S.-China relations continue to dominate headlines with a midday report from Reuters indicating that the Trump administration is looking to curb an array of software powered exports to China. The products could include items from laptops to jet engines, and the administration is considering ma...

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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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