World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Liquidation Week

Funds continued to abandon commodities today. Corn, soymeal, and SRW wheat followed the overnight session with a higher open but then collapsed. Non-commercials speculate with their money and analysts speculate about what such funds are thinking. Given the timing, there was guessing that it is simply continued risk-off behavior. Banks are failing, interest rates are rising, and demand could be cooling as a result. If true, Wall Street did not get the memo because it was mixed at worst.   Corn got a boost from another flash sale to China, and it pretty much controls the global market as Brazil’s crop is just getting planted and does not come to market for several more weeks. But even it shed value today. While ethanol produc...

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feed-grains soy-oilseeds wheat

Market Commentary: Calm, Confident, But Correct?

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.215/bushel, up $0.065 from yesterday's close.  Nov 25 Soybeans closed at $10.335/bushel, up $0.0825 from yesterday's close.  Dec 25 Soymeal closed at $287.7/short ton, up $1.9 from...

Livestock Roundup: Inflation Is Up

The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Calm, Confident, But Correct?

The trading before a major WSDE report always entails differing vibes. It is more volatile when there is wide variance in expectations, and more subdued when the mood is more sublime. This might count as the latter except where it wasn’t.   The volume trading corn, wheat and soy...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.215/bushel, up $0.065 from yesterday's close.  Nov 25 Soybeans closed at $10.335/bushel, up $0.0825 from yesterday's close.  Dec 25 Soymeal closed at $287.7/short ton, up $1.9 from...

Livestock Roundup: Inflation Is Up

The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

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China’s Beef Outlook Amid a Shrinking Middle Class

Recently, the USDA FAS lowered its forecast for China’s 2025 beef consumption based on higher prices and the Middle Kingdom’s slowing economy. The USDA forecast consumption at 11.17 MMT, down 3 percent from 2024 and the first annual decline since 2017.  The motivation behind th...

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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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