World Perspectives
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The surprise in this week’s CFTC report is that – through Tuesday’s data reporting deadline - funds were more aggressive covering grain/oilseed shorts than expected. The headline number is that funds bought back over 111,000 contracts and are now only short about 30,000 contracts of soybeans – essentially a flat position. Funds also doubled their soymeal longs amid the rally but were essentially flat soyoil and are still net short there. Funds did execute more short covering on Friday following the WASDE, however, but are still heavily short the contract. The report will be bullish soybeans and ...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.37/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0025 from yesterday's close.  Jul 25 Soybeans closed at $10.505/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $294.2/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat ahead of WASDE; Cattle and Beef Prices Running Red-Hot

Corn, wheat, and soybeans all traded higher overnight on growing optimism over the U.S.-China trade negotiations, though markets could not hold those gains. The talks in London made solid progress and negotiations are reportedly on track with the Geneva agreement that is allowing broader trade...

Outclassed; Unifying Food Safety; Inflation’s Real Issue

Outclassed In a nearly five-hour hearing before the U.S. House Agriculture Committee, USDA Secretary Brooke Rollins proved again that she is one of the most politically astute of President Trump’s Cabinet members. She was adept at responding to a wide range of questions, nearly all of the...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.37/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0025 from yesterday's close.  Jul 25 Soybeans closed at $10.505/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $294.2/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat ahead of WASDE; Cattle and Beef Prices Running Red-Hot

Corn, wheat, and soybeans all traded higher overnight on growing optimism over the U.S.-China trade negotiations, though markets could not hold those gains. The talks in London made solid progress and negotiations are reportedly on track with the Geneva agreement that is allowing broader trade...

Outclassed; Unifying Food Safety; Inflation’s Real Issue

Outclassed In a nearly five-hour hearing before the U.S. House Agriculture Committee, USDA Secretary Brooke Rollins proved again that she is one of the most politically astute of President Trump’s Cabinet members. She was adept at responding to a wide range of questions, nearly all of the...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 2 – 6 June 2025 The grain market continued the transition from old crop to new crop meaning that the bearish trend is now across the board for all grains. The biggest bear was registered in the wheat belt which is located close to the export terminals as export dema...

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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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