World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Overnight trading of grain and soy futures experienced better volume than has been seen recently, but this did not translate into significant price changes. Soybeans were up about 2.5 cents, wheat was down a penny or so, and corn was fractionally higher. Traders were surprised by the surge of open interest (O/I) for corn and Chicago wheat futures after Tuesday’s trade. Corn O/I was up 27,758 contracts, and Chicago wheat O/I climbed 18,739 contracts. By contrast, soybean O/I was up a mere 49 contracts. The assumption is technical weakness encouraged noncommercials to add substantially to their short positions in corn and Chicago wheat yesterday, and now the former is close to or perhaps above 200,000 contracts and th...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 20-26, 2026. Wheat: Net sales of 203,100 metric tons (MT) for 2025/2026 were down 16 percent from the previous week and 42 percent from the prior 4-week average. Export shipments of 348,900 MT were down 35 percent from the previous week and 24 percent fro...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close.  May 26 Soymeal closed at $309.9/short ton, down $...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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