World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat, Oil, Soyoil Rise on Russia Tensions; Cattle and Hogs Follow Reversals

The CBOT was heavily influenced by outside markets on Friday, especially the crude oil rally stemming from Biden administration comments about a looming Russian invasion of Ukraine. Crude oil futures pushed sharply higher and supported soyoil, which in turn gave late-day strength to soybeans. The soybean and corn markets seemingly shrugged off yesterday’s technical reversals and ended the week on a positive note. Wheat futures surged higher as the Black Sea tensions are once again suggestive of restricted wheat supplies from the region. Trading volume was lighter than the past two days across the board as traders booked some profits and waited to see the weekend’s weather in South America before recommitting to positions. ...

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feed-grains soy-oilseeds wheat

Market Commentary: Oil Volatility Drives CBOT More than WASDE

Usually, the day USDA releases its monthly world supply and demand report – known colloquially as “WASDE day” – sees heightened volatility in CBOT ag futures. That was true again Tuesday, though there was little causal connection between the WASDE and the market’s...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.015 from yesterday's close.  May 26 Wheat closed at $5.91/bushel, down $0.1225 from yesterday's close.  May 26 Soybeans closed at $12.0175/bushel, up $0.055 from yesterday's close.  May 26 Soymeal closed at $314.5/short ton, up $1 fro...

China Market Analysis

Iran War The U.S. and Israeli attacks on Iran are said to complicate the visit later this month by President Trump to China. As an ally of Iran and a major purchaser of its oil, China has an acute interest in the current war. It is especially being harmed by the shutdown of the Strait of Hormuz...

feed-grains soy-oilseeds wheat

Market Commentary: Oil Volatility Drives CBOT More than WASDE

Usually, the day USDA releases its monthly world supply and demand report – known colloquially as “WASDE day” – sees heightened volatility in CBOT ag futures. That was true again Tuesday, though there was little causal connection between the WASDE and the market’s...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.015 from yesterday's close.  May 26 Wheat closed at $5.91/bushel, down $0.1225 from yesterday's close.  May 26 Soybeans closed at $12.0175/bushel, up $0.055 from yesterday's close.  May 26 Soymeal closed at $314.5/short ton, up $1 fro...

China Market Analysis

Iran War The U.S. and Israeli attacks on Iran are said to complicate the visit later this month by President Trump to China. As an ally of Iran and a major purchaser of its oil, China has an acute interest in the current war. It is especially being harmed by the shutdown of the Strait of Hormuz...

Economic Outlook for 2026

The January jobs report surprised to the upside, coming in at 172,000 new jobs, well above the consensus expectation of 68,000. However, the February report showed jobs falling by 86,000, far off the consensus expectation of a gain of 60,000. This loss was driven by education, leisure and hospi...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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