World Perspectives
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Monday’s delayed CFTC report showed managed money traders leaning mostly neutral the major ag markets last week, with activity across the grains and oilseed complex being rather subdued. Funds added just 1,997 contacts (12.8 percent) to their small net short across the ag space last week and now hold a neutral position of just 17,639 contracts short. That short is likely smaller now, given the short-covering that occurred last week after the CFTC data collection deadline.   Through last Tuesday’s CFTC reporting deadline, funds were bearish the soy complex...

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Crop Life America Registers Strong Comments on MAHA Strategy

In a 12-page letter to the Secretary of Health and Human Services, Crop Life America (CLA) outlined a number of issues for the Make America Healthy Again (MAHA) strategy on pesticides to further “our shared goals of promoting children’s health and ensuring that pesticide regulatory...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Export Tax Update The Argentine government has officially issued a decree extending the reduction of export taxes for wheat and barley, while restoring previous rates for corn, soybeans, and soybean by-products. Much of the agricultural sector remained hopeful until the last minute, amid rumors...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.175/bushel, up $0.08 from yesterday's close.  Sep 25 Wheat closed at $5.4075/bushel, up $0.04 from yesterday's close.  Nov 25 Soybeans closed at $10.2475/bushel, up $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $271.1/short ton, up $0.2 from y...

Crop Life America Registers Strong Comments on MAHA Strategy

In a 12-page letter to the Secretary of Health and Human Services, Crop Life America (CLA) outlined a number of issues for the Make America Healthy Again (MAHA) strategy on pesticides to further “our shared goals of promoting children’s health and ensuring that pesticide regulatory...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Export Tax Update The Argentine government has officially issued a decree extending the reduction of export taxes for wheat and barley, while restoring previous rates for corn, soybeans, and soybean by-products. Much of the agricultural sector remained hopeful until the last minute, amid rumors...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.175/bushel, up $0.08 from yesterday's close.  Sep 25 Wheat closed at $5.4075/bushel, up $0.04 from yesterday's close.  Nov 25 Soybeans closed at $10.2475/bushel, up $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $271.1/short ton, up $0.2 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Trade Deals, Emerging Dryness Spark CBOT Short Covering

Traders seemed content to take short risk off the table heading into the weekend with USDA’s June Acreage and Grain Stocks reports due out Monday. Funds in particular are comfortable with positions ahead of these reports and saw little reason to push markets further into oversold territor...

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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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