World Perspectives
soy-oilseeds

Oilseed Highlights: U.S. Sales; Argentine Corn versus Soybeans; Soybean Crop Damage in India

Soy Export Sales, Large Soybean Sales to China and Elsewhere The last two weeks have seen very large sales of U.S. soybeans to China and other destinations for export in MY 2021/22. This is the time of the year U.S. exporters normally report large new-crop soybean export sales, so the sales are not a surprise, but clearly are a positive signal to the sector. Today’s USDA export sales report for the week ending 12 August indicated exporters reported net sales of soybeans totaling 67,700 MT for shipment in 2020/21 and 2,142,100 MT for export in 2021/22. The top sales for 2020/21 were for China (92,300 MT), Taiwan (12,300 MT), Japan (11,200 MT), Vietnam (11,200 MT), and Indonesia (7,600 MT). Those sales and others were partially offset...

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feed-grains soy-oilseeds wheat

Market Commentary: Biofuel and Trade Policy Worries Pressure CBOT along with Dollar Strength

The CBOT saw another day of pronounced weakness with expectations for larger global soybean and wheat production and stocks in 2025 weighing on values. Product demand in the soy complex has also been a huge negative factor recently with uncertainty over U.S. biofuels policy causing a sharp redu...

soy-oilseeds

Oilseed Highlights: Multi-Bearish Factors

The MarketThe January soybean contract has been sliding all week and despite support at the 20-day moving average of $10.01/ST, it closed today below $10/bushel for the first time this month. The reasons are many including: a rising dollar value, 2) large impending South American production, 3)...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Biofuel and Trade Policy Worries Pressure CBOT along with Dollar Strength

The CBOT saw another day of pronounced weakness with expectations for larger global soybean and wheat production and stocks in 2025 weighing on values. Product demand in the soy complex has also been a huge negative factor recently with uncertainty over U.S. biofuels policy causing a sharp redu...

soy-oilseeds

Oilseed Highlights: Multi-Bearish Factors

The MarketThe January soybean contract has been sliding all week and despite support at the 20-day moving average of $10.01/ST, it closed today below $10/bushel for the first time this month. The reasons are many including: a rising dollar value, 2) large impending South American production, 3)...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Bearish Beat Goes On

The CBOT was essentially all red on Wednesday with traders finding little support from either the fundamental or technical components of commodity price analysis. Wheat was the downside leader for the day as a strong dollar, improving conditions in the Plains, and increasingly tepid exports fro...

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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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