World Perspectives
feed-grains soy-oilseeds wheat

Export Sales Bouy Grains; Argy Weather, Slow Exports Sink Soybeans

Grain markets were quiet in Friday’s overnight trade despite the bullish technical days they scored on Thursday. The Export Sales report – as one of the few fundamental updates available for the day – was influential in determining the grain markets’ direction for the day. That meant support for the corn, wheat, and soy product markets while soybeans themselves saw more selling pressure. Too, the updated Argentina weather forecast erased some of the bullishness that had recently entered markets. Argentina’s weather remains drier and cooler over the weekend before some fronts will develop next week and possibly bring rain. Brazil’s weather remains highly favorable for soybean development with fronts moving across the center of the country an...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.2375/bushel, up $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3375/bushel, up $0.0675 from yesterday's close.  Dec 25 Soymeal closed at $285.6/short ton, up $1.6 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Momentum Shifts at Odds with Fundamentals

The CBOT was mostly higher to start the week with technical factors driving short covering and some cautious fresh long buying. There wasn’t much from a fundamental standpoint to drive the move, but the technical picture is firming for most commodities. Corn saw substantial follow-through...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 8 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.2375/bushel, up $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3375/bushel, up $0.0675 from yesterday's close.  Dec 25 Soymeal closed at $285.6/short ton, up $1.6 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Momentum Shifts at Odds with Fundamentals

The CBOT was mostly higher to start the week with technical factors driving short covering and some cautious fresh long buying. There wasn’t much from a fundamental standpoint to drive the move, but the technical picture is firming for most commodities. Corn saw substantial follow-through...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 8 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

USG Closure; Ag Gets Special Treatment; Policy Shorts

USG Closure Congressional Democrats are debating whether they should force the U.S. government into closure at the end of this month when the budget (continuing resolution) expires. Back in March, a handful of Democratic U.S. senators joined with the Republicans in ensuring funding through 30 S...

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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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