World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Profits and a Breather

Commodity futures opened rather volatile, dancing around both sides of nowhere before settling down to a mixture of some profit-taking, and a breather based on a lack of new inputs. After all, war and weather become anyone’s guess.  The recent flood of capital seeking safe harbor from inflation may have capped its course for now, but the underlying question remains on whether the fundamentals are sound. After all, high prices and a slowing economy may temper the demand side for more elastic items like meat. Then there is the opposite implications of a lack of fertilizer. None of the USDA analysts at a data users’ meeting today cared to venture out on this influential topic, simply deferring participants to await the May WA...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Factors, SA Weather and Exports Sink CBOT

The CBOT was mostly lower to start the week with traders reluctant to add bullish risk ahead of the USDA’s WASDE report on Tuesday. Too, technical weakness rapidly enveloping the soy complex spooked traders and prompted a more cautious approach. Favorable weather in Brazil, slow soybean s...

Federal Reserve Meeting and Hearing This Week

The Federal Open Market Committee (FOMC) will meet on Wednesday to decide what to do about short-term interest rates. The Federal Funds Futures market puts the chance of a rate cut at about 90 percent following cuts in September and October. That meeting will also be when the Fed publishes a ne...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Factors, SA Weather and Exports Sink CBOT

The CBOT was mostly lower to start the week with traders reluctant to add bullish risk ahead of the USDA’s WASDE report on Tuesday. Too, technical weakness rapidly enveloping the soy complex spooked traders and prompted a more cautious approach. Favorable weather in Brazil, slow soybean s...

Federal Reserve Meeting and Hearing This Week

The Federal Open Market Committee (FOMC) will meet on Wednesday to decide what to do about short-term interest rates. The Federal Funds Futures market puts the chance of a rate cut at about 90 percent following cuts in September and October. That meeting will also be when the Fed publishes a ne...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4375/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.3475/bushel, down $0.01 from yesterday's close.  Jan 26 Soybeans closed at $10.9375/bushel, down $0.115 from yesterday's close.  Jan 26 Soymeal closed at $306.3/short ton, down $1...

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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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