World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

November soybean futures were again about the only agricultural commodity to trade on the plus side today. China said it will sell 300,000 MT of soybeans from its reserves next week as the talk of more vessels heading to U.S. ports continues. General Comments Corn and wheat markets opened softer in the Thursday evening session after the sharp losses during Thursday's regular session. Soybean futures were in their familiar pattern and traded mixed following yesterday's weakness. The soy complex still refuses to break for more than one session before another round of buying steps up to the plate. Wheat turned very weak during this morning's session with corn lower, but not sharply lower. Soybean futures spent much of the day mixed with old...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.47/bushel, down $0.04 from yesterday's close.  Jul 25 Wheat closed at $5.34/bushel, up $0.0375 from yesterday's close.  Jul 25 Soybeans closed at $10.5175/bushel, up $0.0325 from yesterday's close.  Jul 25 Soymeal closed at $296.4/short ton, up $2.7 from...

feed-grains soy-oilseeds wheat

Market Commentary: Volatility versus Fundamentals

Markets have been trending lower this week and while soybeans and SRW teased lower numbers this morning, both ultimately turned around and left corn and soyoil the lonely losers for the day. HRS continued to bounce on the lower crop rating early this week. In contrast to SRW and HRW, HRS is up...

livestock

Livestock Roundup: Chicken Weights Suggest Sandwich War Return

USDA updated its forecast for broiler production in 2025 and released its initial estimate for 2026. The 2025 estimate was revised lower by 260 million pounds and is now expected to be up just 1.1 percent from the previous year. At the beginning of the year, projections were for a 1.4 percent i...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.47/bushel, down $0.04 from yesterday's close.  Jul 25 Wheat closed at $5.34/bushel, up $0.0375 from yesterday's close.  Jul 25 Soybeans closed at $10.5175/bushel, up $0.0325 from yesterday's close.  Jul 25 Soymeal closed at $296.4/short ton, up $2.7 from...

feed-grains soy-oilseeds wheat

Market Commentary: Volatility versus Fundamentals

Markets have been trending lower this week and while soybeans and SRW teased lower numbers this morning, both ultimately turned around and left corn and soyoil the lonely losers for the day. HRS continued to bounce on the lower crop rating early this week. In contrast to SRW and HRW, HRS is up...

livestock

Livestock Roundup: Chicken Weights Suggest Sandwich War Return

USDA updated its forecast for broiler production in 2025 and released its initial estimate for 2026. The 2025 estimate was revised lower by 260 million pounds and is now expected to be up just 1.1 percent from the previous year. At the beginning of the year, projections were for a 1.4 percent i...

feed-grains soy-oilseeds wheat

Market Commentary: Crop Progress Silver Linings Pressure Corn, Soybeans

CBOT markets were mostly mixed in quiet trade overnight, but that tenor changed quickly once the day session started. The Crop Progress report initially appeared supportive for the major markets with planting slowing for corn and soybeans and corn and spring wheat conditions coming in below exp...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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