World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: RFS Luck on Friday the 13th

Soybeans and soyoil were already spiking due to Israel’s attack on Iran and the bolt higher in the petroleum market and then the Trump Administration goosed it even higher by issuing a biofuel blend mandate of 24.02 billion gallons in 2026. It will be a record amount under the Renewable Fuel Standard and likely frustrated some market participants that had shed their soyoil positions in recent days expecting a lower blend rate.  Notable is the increase to 5.86 billion gallons of biomass-based diesel in 2027. That is a whopping 75 percent increase over the 3.35 billion gallons in 2025. The mandate will be 5.61 billion gallons in 2026. The Administration is not known to be renewable energy friendly, but the substantial increase is l...

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feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Grains; Soybeans Sag; New Highs for Cattle

Corn and wheat found technical support Tuesday that created turnarounds on their respective charts and, in the case of wheat, formed bullish key reversals. News of smaller corn yields in the Midwest and strong export sales performance last week helped boost corn and wheat values following Monda...

livestock

The Strange Effects of Screwworm

For the first six months of 2025, cattle imports from Mexico are down 73.1 percent due to restrictions from the discovery of New World Screwworm (NWS) in Mexico. From January to July 2024 there were 853,976 head imported into the U.S. from Mexico, but in 2025 that volume over the same time peri...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, up $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.065/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $274.3/short ton, up $0.2 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Grains; Soybeans Sag; New Highs for Cattle

Corn and wheat found technical support Tuesday that created turnarounds on their respective charts and, in the case of wheat, formed bullish key reversals. News of smaller corn yields in the Midwest and strong export sales performance last week helped boost corn and wheat values following Monda...

livestock

The Strange Effects of Screwworm

For the first six months of 2025, cattle imports from Mexico are down 73.1 percent due to restrictions from the discovery of New World Screwworm (NWS) in Mexico. From January to July 2024 there were 853,976 head imported into the U.S. from Mexico, but in 2025 that volume over the same time peri...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, up $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.065/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $274.3/short ton, up $0.2 fro...

Worse Before Better; Tech Rescue; Value Added

Worse Before Better First China announced restrictions on rare earth exports, then President Trump announced 100 percent tariffs and software restrictions starting 1 November in retaliation, until he signaled everything was just a bad day. China then sanctioned a U.S. shipping subsidiary. Some...

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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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