World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: CBOT Sees Mixed Monday on Risk-off Trade; Feeder Cattle Rally on Import Ban

The holiday trading season is officially here, which means the CBOT will likely see fading volume and volatility until the new year. Ag markets reflected much of that sentiment on Monday with wheat and corn falling amid reduced concerns about the conflict in the Black Sea while soybeans and soymeal saw gains from short covering and profit taking. Price action was subdued overall across the ag complex for the day with traders not expecting much this week, and with news headlines not offering many reasons for a major move either. The weekly Export Inspections report was mostly friendly for the grain trade, though wheat and corn seemed to ignore the input. Soybean shipments slipped from the prior week – as is their seasonal tendency – but...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Corn Reversal Continues; Weather, Conditions Ratings Sink Soybeans

The big move at the CBOT Tuesday was a 1¾-cent gain in December corn futures – which isn’t much but that the development followed Monday’s bullish reversal is. The strength in new crop corn defies much of the fundamental outlook and suggests traders are sensing somethin...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0175 from yesterday's close.  Sep 25 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.0175/bushel, down $0.0525 from yesterday's close.  Dec 25 Soymeal closed at $279.5/short ton, down $2...

Trade War Dynamics

First quarter global merchandise trade accelerated faster than expected as everyone expedited purchases ahead of tariffs and potential slowing of import demand. These market exchanges have likely remained accelerated ahead of the now 1 August tariff deadline, but increased costs were apparent i...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Reversal Continues; Weather, Conditions Ratings Sink Soybeans

The big move at the CBOT Tuesday was a 1¾-cent gain in December corn futures – which isn’t much but that the development followed Monday’s bullish reversal is. The strength in new crop corn defies much of the fundamental outlook and suggests traders are sensing somethin...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0175 from yesterday's close.  Sep 25 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.0175/bushel, down $0.0525 from yesterday's close.  Dec 25 Soymeal closed at $279.5/short ton, down $2...

Trade War Dynamics

First quarter global merchandise trade accelerated faster than expected as everyone expedited purchases ahead of tariffs and potential slowing of import demand. These market exchanges have likely remained accelerated ahead of the now 1 August tariff deadline, but increased costs were apparent i...

Consumer Price Index and Employment Reports

The Bureau of Labor Statistics (BLS) released the June CPI this morning. The CPI increased 0.3 percent on a seasonally adjusted basis in June, after rising 0.1 percent in May. The CPI is at its highest since January of this year. Over the last 12 months, the all-items index increased 2.7 percen...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up