World Perspectives

Congressional CR Decisions Looming

With the government fiscal year ending on 30 September, the timing is clear as to when a CR must be passed, although the length of its duration is not. The initial effort to craft one will target a period of coverage, and that will be determined by one particular factor. The government fiscal year ends on 30 September, and no appropriations bills have been passed to date. The House and Senate Appropriations Committees did pass their versions of those for agriculture in April and May, respectively, but there has been no action on a conference committee compromise version. The only appropriations bill to move forward was one for the Departments of Transportation and Housing and Urban Development combined with appropriations for Military Co...

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FOB Prices and Freight Rates App (Updated 30 April)

Transportation and Freight Market Comments - 25 April 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets turned higher this week as buyers booked May-June cargoes after the USTR said the 301 port fees against Chinese vessels will not start until October. Shipping lines remain reluc...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle Extend Record Rally; Wheat Finds New Lows; Corn, Soyoil Collapse

The CBOT tried to rally overnight and posted some slight gains heading into the morning break, but thereafter the market quickly found selling pressure. Monday’s favorable Crop Progress and conditions report from USDA offered much of the justification for the selling pressure and helped s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

FOB Prices and Freight Rates App (Updated 30 April)

Transportation and Freight Market Comments - 25 April 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets turned higher this week as buyers booked May-June cargoes after the USTR said the 301 port fees against Chinese vessels will not start until October. Shipping lines remain reluc...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle Extend Record Rally; Wheat Finds New Lows; Corn, Soyoil Collapse

The CBOT tried to rally overnight and posted some slight gains heading into the morning break, but thereafter the market quickly found selling pressure. Monday’s favorable Crop Progress and conditions report from USDA offered much of the justification for the selling pressure and helped s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

Trade War Positions

Canadians reacted with understandable revulsion to President Trump’s insults to their nation. In yesterday’s election, they were given two choices: elect Conservative Pierre Poilievre as prime minister who pledged to build a better and stronger nation, or choose Liberal Mark Carney...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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