World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Russian Missiles Spook CBOT; Wheat Posts Bullish Day

On Friday, Russia did what the February WASDE could not, excite the grain markets. Early Friday, a Russian missile(s) headed towards Romania (a NATO country) and prompted Romanian fighter jets to scramble to intercept them. The missiles are reported to have been 22 miles outside of Romanian airspace, so the event is not technically a violation of NATO airspace. The missiles ended up being flown over Moldova (not a NATO country) and so will lessen the West’s need to respond to the incident. While the West may not have to respond (at least not immediately) to Russia’s mishap, the grain markets sure did. The obvious leader was, of course, wheat, as the event underscored the risk to grain markets that the war presents. That the eve...

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feed-grains soy-oilseeds wheat

Market Commentary: Wheat and War Rattle Ahead of Holiday

Corn and soybeans closed lower overnight and danced that way this morning but once again could not resist the pull of wheat higher. The wheat market doubled down on yesterday’s weather premium mood as the Southern Plains remain overly wet. The Fed walked back some of its previous alarm be...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.335/bushel, up $0.02 from yesterday's close.  Jul 25 Wheat closed at $5.7425/bushel, up $0.2525 from yesterday's close.  Jul 25 Soybeans closed at $10.7475/bushel, up $0.0075 from yesterday's close.  Jul 25 Soymeal closed at $284.9/short ton, down $0.2 fr...

U.S. Juneteenth Holiday

The CBOT/CME markets and our offices will be closed tomorrow, Thursday, 19 June in observance of the U.S. Juneteenth holiday. Please note that the next Ag Perspectives will be published on Friday, 20 June. ...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat and War Rattle Ahead of Holiday

Corn and soybeans closed lower overnight and danced that way this morning but once again could not resist the pull of wheat higher. The wheat market doubled down on yesterday’s weather premium mood as the Southern Plains remain overly wet. The Fed walked back some of its previous alarm be...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.335/bushel, up $0.02 from yesterday's close.  Jul 25 Wheat closed at $5.7425/bushel, up $0.2525 from yesterday's close.  Jul 25 Soybeans closed at $10.7475/bushel, up $0.0075 from yesterday's close.  Jul 25 Soymeal closed at $284.9/short ton, down $0.2 fr...

U.S. Juneteenth Holiday

The CBOT/CME markets and our offices will be closed tomorrow, Thursday, 19 June in observance of the U.S. Juneteenth holiday. Please note that the next Ag Perspectives will be published on Friday, 20 June. ...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9 – 13 June 2025 The grains market saw no major changes especially with two days of holidays when the country celebrated Russia day. The new crop smell is in the air with annexed Crimea already harvesting. This season the crop in Crimea will be poor because the irri...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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