World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy futures prices turned a bit lower overnight as traders prepared for USDA’s stocks, small grains and winter wheat acreage reports to be released tomorrow at 12:00 noon (EDT). The spot soybean and corn contracts were down about 1.5 cents, and Chicago wheat was off about 4 cents. The day session found prices trading on both sides of Thursday’s close in modest volume. At the end, winter wheat futures finished down 3.5-6 cents, but MGEX HRS was up as much as 2.5 cents. Corn was 1.25-1.75 cents higher, and soybeans were up 5-5.5 cents. Soymeal closed up less than $1.00, but soyoil finished strongly with gains of 35-38 points. Wheat’s weaker close mirrors the opinion that USDA’s wheat numbers will be bearish w...

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feed-grains soy-oilseeds wheat

Market Commentary: Bears in Control Again; Trump-Iran-China Triangle Sinks Soybeans

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.1975/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.105/bushel, down $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.3875/bushel, down $0.1025 from yesterday's close.  Mar 26 Soymeal closed at $291.6/short ton, down...

China Market Analysis

Beef China’s new import safeguard on beef continues to stir the market. Its largest impact is on the biggest supplier of protein, Brazil. Suppliers in that country say they will have to reduce production and slaughter capacity. Meanwhile, Ireland is pleased that Beijing has lifted a ban t...

feed-grains soy-oilseeds wheat

Market Commentary: Bears in Control Again; Trump-Iran-China Triangle Sinks Soybeans

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.1975/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.105/bushel, down $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.3875/bushel, down $0.1025 from yesterday's close.  Mar 26 Soymeal closed at $291.6/short ton, down...

livestock

WASDE Livestock

USDA’s World Agriculture Supply and Demand Estimates (WASDE) report was released yesterday, the first of the year. Beef production is still down compared to 2024, but projections were raised for 2026. Beef production was raised as heavier slaughter weights more than offset the reduction i...

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From WPI Consulting

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