World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: USDA Cuts Corn Exports; Argy Wheat Crop Falls to 12.5 MMT; Cattle Take Back Early Losses

The December WASDE made few changes to its outlook for the world grain supply and demand situation, which left the CBOT to essentially continue its existing trends. Wheat futures sold off 10-12 cents lower and soyoil joined the weakness and broke a major technical support zone. Soymeal continued rallying to new contract highs but that could not support the soybean market, which fell to 2-cent losses. Soybeans and corn traded both sides of unchanged as the WASDE offered little in the way of a fresh outlook.  The December WASDE featured only minor changes to the U.S. crop balance sheets, as is typical of the year-ending report but an outcome that was not expected this year. USDA trimmed the U.S. corn export forecast by just 75 Mbu and r...

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feed-grains soy-oilseeds wheat

Market Commentary: Calm for the Day but Geopolitics Hint at Looming Volatility

The CBOT was solidly in the red on Wednesday while cattle futures regained some of their former strength. Markets had to process multiple headlines at the national/international political level, which led to some mild risk-off trade. Mostly, however, for grains, the looming WASDE dominated the...

Wheat from the Chaff; Europe Gets Squeezed

Wheat from the Chaff An agricultural meeting in Arkansas last week drew 400 to 500 farmers, a much larger group than expected at harvest time. They vented their angst over low commodity prices, high input costs, and consequently low profitability. One estimate from bankers is that farm bankrupt...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.17/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.15/bushel, down $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.2525/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $285.8/short ton, down $3.2...

feed-grains soy-oilseeds wheat

Market Commentary: Calm for the Day but Geopolitics Hint at Looming Volatility

The CBOT was solidly in the red on Wednesday while cattle futures regained some of their former strength. Markets had to process multiple headlines at the national/international political level, which led to some mild risk-off trade. Mostly, however, for grains, the looming WASDE dominated the...

Wheat from the Chaff; Europe Gets Squeezed

Wheat from the Chaff An agricultural meeting in Arkansas last week drew 400 to 500 farmers, a much larger group than expected at harvest time. They vented their angst over low commodity prices, high input costs, and consequently low profitability. One estimate from bankers is that farm bankrupt...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.17/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.15/bushel, down $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.2525/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $285.8/short ton, down $3.2...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 1–5 September 2025 Bearish sentiments prevailed across both the European and Asian parts of Russia. The market is under pressure as stocks and yields are better than expected especially in Volga Valley and Black Soil region. Siberia and Urals harvesting campaign is...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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