World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: It Was Wheat’s Week

Russia’s Vladimir Putin warned that Ukraine using Western long-range missiles to attack inside his country would bring NATO into the war. That and his threats to use nuclear weapons and the attack this week on a grain carrying ship in the Black Sea pressured the gold market and likely wheat and corn as well. The ultimatum presents the issue of who is going to blink first? Soyoil and lean hogs have now been the biggest losers for two weeks in a row. Wheat has been on a roll with pretty much three straight top weekly gains. Corn and soybeans have been riding the middle of the rankings. The most serious weather issue continues to be in South America. There are some showers in south central Brazil but the heart of the production area...

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feed-grains soy-oilseeds wheat

Argentine Weather Emboldens CBOT Bulls

The CBOT found its way to higher ground on Thursday after an old-school hard opening with no overnight session to guide the market. Argentina’s weather is starting to become more impactful for grain futures as dryness persists into the mid-January forecast, which could disrupt early corn and so...

livestock

Livestock Roundup: Butterfat Boom

As WPI reported on 2 July, USDA released its proposed Federal Milk Marketing Order (FMMO) reforms; the final proposal was released in early November 2024.  This final proposal will now go to producer referenda in each of the 11 FMMO regions. Producers whose milk was pooled in January...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.5375/bushel, up $0.0525 from yesterday's close. Mar 25 Wheat closed at $5.41/bushel, up $0.0625 from yesterday's close. Mar 25 Soybeans closed at $9.9725/bushel, up $0.16 from yesterday's close. Mar 25 Soymeal closed at $314.9/short ton, up $13.3 from yes...

feed-grains soy-oilseeds wheat

Argentine Weather Emboldens CBOT Bulls

The CBOT found its way to higher ground on Thursday after an old-school hard opening with no overnight session to guide the market. Argentina’s weather is starting to become more impactful for grain futures as dryness persists into the mid-January forecast, which could disrupt early corn and so...

livestock

Livestock Roundup: Butterfat Boom

As WPI reported on 2 July, USDA released its proposed Federal Milk Marketing Order (FMMO) reforms; the final proposal was released in early November 2024.  This final proposal will now go to producer referenda in each of the 11 FMMO regions. Producers whose milk was pooled in January...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.5375/bushel, up $0.0525 from yesterday's close. Mar 25 Wheat closed at $5.41/bushel, up $0.0625 from yesterday's close. Mar 25 Soybeans closed at $9.9725/bushel, up $0.16 from yesterday's close. Mar 25 Soymeal closed at $314.9/short ton, up $13.3 from yes...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 16 – 20 December 2024Last week, the Russian grain markets showed the first signs of the holiday season with rather weak trading. Russian grain markets and especially export business will adjust to the Christmas season globally which will then enter Russian Orthodox Christ...

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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.

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