World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Bears in Control of Grains; Cattle Futures Reclaim Early Losses

Bears were in control of the CBOT on Tuesday and sent corn, soybeans, and wheat all lower with several significant technical developments. Fresh fundamental news was hard to find for the day and that certainly contributed to the day’s weakness. Funds were solid net sellers for the second straight day and continue to add to short positions in wheat, soybeans, and soymeal while further liquidating corn longs. Traders are starting to finalize preparations for Monday’s Grain Stocks report, which will likely keep markets constrained to sideways trade over the next three sessions. While grains were nearly uniformly lower, the action was again more notable in the cattle futures where traders pared steep early losses on expectations of...

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feed-grains soy-oilseeds wheat

Market Commentary: Corn Posts Bullish Reversal while Soy, Wheat Slip Lower

Monday’s trade at the CBOT was interesting with corn, soybeans, and wheat all rallying off fresh contract or selloff lows overnight, but only corn holding onto those gains by the closing bell. For corn futures, the market seemed to be more focused on the USDA’s ending stocks figure...

States’ Rights and Hypocrisy; Purple Hair, Not Purple Food

States’ Rights and Hypocrisy Texas has become the seventh state to prohibit food products cultured from animal cells. Another half dozen states are considering legislative restrictions on these products, often at the behest of the agriculture sector. Bloomberg produced the map below on st...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, up $0.0575 from yesterday's close.  Sep 25 Wheat closed at $5.415/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.07/bushel, down $0.0025 from yesterday's close.  Dec 25 Soymeal closed at $281.7/short ton, down $1.9 f...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Posts Bullish Reversal while Soy, Wheat Slip Lower

Monday’s trade at the CBOT was interesting with corn, soybeans, and wheat all rallying off fresh contract or selloff lows overnight, but only corn holding onto those gains by the closing bell. For corn futures, the market seemed to be more focused on the USDA’s ending stocks figure...

States’ Rights and Hypocrisy; Purple Hair, Not Purple Food

States’ Rights and Hypocrisy Texas has become the seventh state to prohibit food products cultured from animal cells. Another half dozen states are considering legislative restrictions on these products, often at the behest of the agriculture sector. Bloomberg produced the map below on st...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, up $0.0575 from yesterday's close.  Sep 25 Wheat closed at $5.415/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.07/bushel, down $0.0025 from yesterday's close.  Dec 25 Soymeal closed at $281.7/short ton, down $1.9 f...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 14 July)

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...

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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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