World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: CBOT Firmer Heading into WASDE; Cattle Rally from Technical Support

The CBOT turned higher on the last day of pre-WASDE trading as continued short covering in wheat and a bullish response to CONAB’s new production data drove the markets. Funds are long corn and soybeans heading into the USDA’s January WASDE report tomorrow and have been actively covering short positions in wheat. USDA typically does not make major changes to the U.S. balance sheet in the January WASDE, but traders are betting that, with lingering global weather concerns, any adjustments will more likely be bullish than bearish.  Brazil’s CONAB (the equivalent of USDA) cut the country’s soybean crop by 2.4 MMT in its January forecast, with the crop now estimated at 140.5 MMT. Yields in Prana and Rio Grande do Su...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Funds Remain Bearish Ag Space Despite U.S.-China Trade Talks

The CBOT turned higher overnight after late Tuesday announcement of a China/U.S. meeting in Switzerland to discuss tariffs and reduce trade tensions. The first step in what is likely to be a prolonged process was welcomed by the industry as it at least shows a willingness from both parties to t...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.4925/bushel, down $0.0625 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0175 from yesterday's close.  Jul 25 Soybeans closed at $10.3925/bushel, down $0.02 from yesterday's close.  Jul 25 Soymeal closed at $295/short ton, up $2 f...

FOB Prices and Freight Rates App (Updated 7 May)

Transportation and Freight Market Comments - 2 May 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets are finding some support from spot and 30-day demand but the Section 301 rules are depressing grain demand past July. Cargo orders from northern Brazil are increasing as South Amer...

feed-grains soy-oilseeds wheat

Market Commentary: Funds Remain Bearish Ag Space Despite U.S.-China Trade Talks

The CBOT turned higher overnight after late Tuesday announcement of a China/U.S. meeting in Switzerland to discuss tariffs and reduce trade tensions. The first step in what is likely to be a prolonged process was welcomed by the industry as it at least shows a willingness from both parties to t...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.4925/bushel, down $0.0625 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0175 from yesterday's close.  Jul 25 Soybeans closed at $10.3925/bushel, down $0.02 from yesterday's close.  Jul 25 Soymeal closed at $295/short ton, up $2 f...

FOB Prices and Freight Rates App (Updated 7 May)

Transportation and Freight Market Comments - 2 May 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets are finding some support from spot and 30-day demand but the Section 301 rules are depressing grain demand past July. Cargo orders from northern Brazil are increasing as South Amer...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 28 April – 2 May 2025 Russian audit, corporate finance, and consultancy company BEFL published a rating of Russia’s largest megafarms which included 75 companies –  half the number registered a year ago. This is telling us that large farms are becom...

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