World Perspectives
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Based on futures’ price action late last week and early this week, one would be expecting funds to have been net sellers in the major ag commodities, and that’s exactly what happened. Funds expanded their short soybean position by some 30,000 contracts, making it a new five-year low for this week and nearly a record low for the past five years. Additionally, funds were strong net sellers of soyoil and quickly moved from a small net short to their biggest short since early March and a new five-year low. The only bullish action in the soy complex was in soymeal, where managed money traders continue pare back shorts and cut that position in half last week. In the grains, funds expanded their corn and KC and Chicago wheat shorts and...

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feed-grains soy-oilseeds wheat

Market Commentary: Biofuel and Trade Policy Worries Pressure CBOT along with Dollar Strength

The CBOT saw another day of pronounced weakness with expectations for larger global soybean and wheat production and stocks in 2025 weighing on values. Product demand in the soy complex has also been a huge negative factor recently with uncertainty over U.S. biofuels policy causing a sharp redu...

soy-oilseeds

Oilseed Highlights: Multi-Bearish Factors

The MarketThe January soybean contract has been sliding all week and despite support at the 20-day moving average of $10.01/ST, it closed today below $10/bushel for the first time this month. The reasons are many including: a rising dollar value, 2) large impending South American production, 3)...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Biofuel and Trade Policy Worries Pressure CBOT along with Dollar Strength

The CBOT saw another day of pronounced weakness with expectations for larger global soybean and wheat production and stocks in 2025 weighing on values. Product demand in the soy complex has also been a huge negative factor recently with uncertainty over U.S. biofuels policy causing a sharp redu...

soy-oilseeds

Oilseed Highlights: Multi-Bearish Factors

The MarketThe January soybean contract has been sliding all week and despite support at the 20-day moving average of $10.01/ST, it closed today below $10/bushel for the first time this month. The reasons are many including: a rising dollar value, 2) large impending South American production, 3)...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Bearish Beat Goes On

The CBOT was essentially all red on Wednesday with traders finding little support from either the fundamental or technical components of commodity price analysis. Wheat was the downside leader for the day as a strong dollar, improving conditions in the Plains, and increasingly tepid exports fro...

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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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