World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Corn Rallies on Ethanol, End-User Buying; World Ag Markets Strengthen

The CBOT ended mostly higher for the day with ethanol production data and end-user buying supporting corn futures overnight and during Wednesday morning’s trade. Corn futures traded sharply higher near mid-day as end-user buying triggered buy-stops that carried the market above key resistance levels. Fundamental input remains bullish for corn futures and today’s technical performance reflected that reality. Wheat and, to a lesser extent, soybeans were followers of the corn rally and those markets posed small gains for the day. Funds were net buyers for the day, securing some 25,000 contracts of corn, 10,000 contracts of Chicago wheat, and 4,000 contracts of soybeans.  Fundamental news remains light but corn, soybean, and H...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Corn Rains continued across Argentina’s core agricultural regions, with additional heavy accumulations keeping rural roads largely impassable and further slowing the corn harvest. Harvest progress remains limited at approximately 3 percent per week. At the same time, farmers are...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds paring back their net long position across the major ag futures contracts for the second straight week as signs of hope in the Middle East triggered an exit of geological “risk on” trades from commodity markets. Funds sold 40,000 contracts (4...

livestock

Cattle on Feed - April 1 2026

U.S. cattle on feed totaled 11.6 million head on April 1, 2026, 1 percent below April 1, 2025.  Placements in feedlots during March totaled 1.71 million head, 7 percent below 2025.  Marketings of fed cattle during March totaled 1.63 million head, 6 percent below 2025.  Other disa...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Corn Rains continued across Argentina’s core agricultural regions, with additional heavy accumulations keeping rural roads largely impassable and further slowing the corn harvest. Harvest progress remains limited at approximately 3 percent per week. At the same time, farmers are...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds paring back their net long position across the major ag futures contracts for the second straight week as signs of hope in the Middle East triggered an exit of geological “risk on” trades from commodity markets. Funds sold 40,000 contracts (4...

livestock

Cattle on Feed - April 1 2026

U.S. cattle on feed totaled 11.6 million head on April 1, 2026, 1 percent below April 1, 2025.  Placements in feedlots during March totaled 1.71 million head, 7 percent below 2025.  Marketings of fed cattle during March totaled 1.63 million head, 6 percent below 2025.  Other disa...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4875/bushel, up $0.0025 from yesterday's close.  May 26 Wheat closed at $5.9125/bushel, down $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.6725/bushel, up $0.035 from yesterday's close.  May 26 Soymeal closed at $331.8/short ton, down $0...

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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.

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