World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Falls Amid Weak Russian Prices; Soyoil Rises on Exports; Macro Markets Boost Cattle

Markets and traders were broadly enthusiastic following the U.S. Federal Reserve’s 50-bps cut to its target interest rate on Wednesday, but you wouldn’t know that from looking at the grain or oilseed markets. Wheat futures were sharply lower on Thursday amid pressure from French wheat futures and Russian FOB values while mixed/disappointing Export Sales data sent corn and soybean markets lower. The big winners for the day were soyoil, thanks to strong export sales data, and the livestock sector, which will benefit from a more positive economic outlook. Grains remain defensive with funds extending short positions in corn and wheat while remaining largely flat soybeans after their recent short covering activity.  The weekly...

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feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Rallies on Stocks, Tax Credits; Livestock Futures Gain on Cash Trade

Soyoil was the upside leader in the CBOT’s Tuesday trade after the USDA’s December soyoil stocks figure came in well below expectations. Additionally, the U.S. Treasury Department announced its proposal on the 45Z Clean Fuel tax credits, which were broadly friendly for ag interests...

Policy Quick Hits

Appropriations. Last Friday, the Senate passed an amended appropriations bill for the remaining FY26 funding shortfall. The measure included a two-week continuing resolution for the Department of Homeland Security (DHS) budget, allowing more time for lawmakers to negotiate further Immigration a...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.285/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, up $0.01 from yesterday's close.  Mar 26 Soybeans closed at $10.6575/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $291.9/short ton, down $2.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Rallies on Stocks, Tax Credits; Livestock Futures Gain on Cash Trade

Soyoil was the upside leader in the CBOT’s Tuesday trade after the USDA’s December soyoil stocks figure came in well below expectations. Additionally, the U.S. Treasury Department announced its proposal on the 45Z Clean Fuel tax credits, which were broadly friendly for ag interests...

Policy Quick Hits

Appropriations. Last Friday, the Senate passed an amended appropriations bill for the remaining FY26 funding shortfall. The measure included a two-week continuing resolution for the Department of Homeland Security (DHS) budget, allowing more time for lawmakers to negotiate further Immigration a...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.285/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, up $0.01 from yesterday's close.  Mar 26 Soybeans closed at $10.6575/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $291.9/short ton, down $2.6 fro...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Israel will raise import tariffs on wheat from Russia and Ukraine under a new tariff agreement with the United States, a move expected to increase U.S. wheat imports. According to reports, the Israeli government will subsidize U.S...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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