World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Short Covering Ahead of the WASDE

The CBOT saw mostly WASDE-motivated short covering on Monday with funds scaling back short positions in wheat and soybeans and cautiously extending longs in the corn market. Fresh news was light for the day and traders were mostly focused on adjusting positions ahead of the WASDE. The weather remains mostly favorable across the U.S. and South America, which is reducing opportunities for volatility or supply-side surprises in the upcoming report. Note that the December WASDE typically features demand-side adjustments, which would favor bullish revisions to the corn balance sheet and possibly soybeans, while creating the outlook for a very neutral report for wheat. The weekly Export Inspections report was neutral for corn and wheat while...

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.0325/bushel, down $0.0325 from yesterday's close.  Sep 25 Wheat closed at $4.985/bushel, down $0.0425 from yesterday's close.  Nov 25 Soybeans closed at $10.3375/bushel, down $0.075 from yesterday's close.  Dec 25 Soymeal closed at $295.9/short ton, up $4...

feed-grains soy-oilseeds wheat

Market Commentary: Green Crop Fields Create Sea of Market Red

The CBOT was sharply lower on Tuesday as traders reacted to the USDA’s Crop Progress report, in which corn, soybean, and spring wheat conditions and development were highly favorable. That, combined with high corn yield and soybean pod count estimates from various crop tours sent the mark...

MAHA Draft Report Softens Pesticide Language

On 13 February President Trump signed Executive Order 14212 entitled “Establishing the President’s Make America Healthy Again Commission (MAHA),” establishing the commission and charging it to submit an assessment on the status of the health of America, which was submitted on...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.0325/bushel, down $0.0325 from yesterday's close.  Sep 25 Wheat closed at $4.985/bushel, down $0.0425 from yesterday's close.  Nov 25 Soybeans closed at $10.3375/bushel, down $0.075 from yesterday's close.  Dec 25 Soymeal closed at $295.9/short ton, up $4...

feed-grains soy-oilseeds wheat

Market Commentary: Green Crop Fields Create Sea of Market Red

The CBOT was sharply lower on Tuesday as traders reacted to the USDA’s Crop Progress report, in which corn, soybean, and spring wheat conditions and development were highly favorable. That, combined with high corn yield and soybean pod count estimates from various crop tours sent the mark...

MAHA Draft Report Softens Pesticide Language

On 13 February President Trump signed Executive Order 14212 entitled “Establishing the President’s Make America Healthy Again Commission (MAHA),” establishing the commission and charging it to submit an assessment on the status of the health of America, which was submitted on...

Weaponizing Trade; De-Weaponizing MAHA

Weaponizing Trade Using trade to influence geopolitical outcomes is not new but its use has intensified. While some might use the U.S. as the cause of its escalation, the American reaction is more of a lag effect to pre-existing conditions. Australia and now Canada can attest that China’s...

Image
From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up