World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Firmer Trends Continue; Ukraine’s Corn in Jeopardy

The CBOT saw generally quiet, steady trade at mid-week, but many players noted firmer undertones as futures stabilize or start to recover from deeply oversold conditions. Corn and all three wheat futures markets turned higher with cautious bull spreading with the latter market seeing support from growing international import demand. The soy complex was stronger as well, though the gains mostly came from soymeal and its bull spreading on export demand. Soyoil, in contrast, sank sharply lower on technical selling, which left the soybean market conflicted. New crop soybean futures then resumed their prior trend (down) and scored another day of minor losses. Funds remain heavily short ag futures, but as the downside momentum wanes, short coveri...

Related Articles
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...

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