World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Week on High Note; ProFarmer Yields Revive Bullish Corn Story

The CBOT rallied to end the week with strong commercial buying early in the day that gave way to some fund buying in expectation of ProFarmer’s yield projections. Since Monday’s surprise decline in U.S. crop conditions, the market has been acting bullishly and the ProFarmer early yield assessments certainly aided that viewpoint. The ProFarmer results were issued after Friday’s close and (as discussed below) will likely be bullish corn next week and neutral soybeans. Beyond the crop tours and an updated weekend weather forecast, fresh news was light for the day. USDA retracted its export sales figures published in Thursday’s troublesome launch of its new reporting website, so the market is without guidance on export t...

Related Articles
livestock

WASDE Livestock: More Poultry and Less Red Meat

Despite record high yields from corn and soybeans in today’s WASDE, the forecast for red meat and broiler production in 2025 was reduced slightly from the August report. Both beef and pork production were down, while broiler production was up. For 2025, beef was down on lower fed cattle...

soy-oilseeds

USDA’s Outlook for World Vegoils

The headline figures from the September WASDE were the U.S. corn and soybean yield and production figures, both of which were in line with expectations, and thus created the market’s ho-hum reaction. Somewhat lost in the day’s focus on primary crops, however, was the USDA’s up...

wheat

AP Quant: WASDE Wheat

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

livestock

WASDE Livestock: More Poultry and Less Red Meat

Despite record high yields from corn and soybeans in today’s WASDE, the forecast for red meat and broiler production in 2025 was reduced slightly from the August report. Both beef and pork production were down, while broiler production was up. For 2025, beef was down on lower fed cattle...

soy-oilseeds

USDA’s Outlook for World Vegoils

The headline figures from the September WASDE were the U.S. corn and soybean yield and production figures, both of which were in line with expectations, and thus created the market’s ho-hum reaction. Somewhat lost in the day’s focus on primary crops, however, was the USDA’s up...

wheat

AP Quant: WASDE Wheat

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

soy-oilseeds

AP Quant: WASDE Soybeans

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up