World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.1975/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.105/bushel, down $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.3875/bushel, down $0.1025 from yesterday's close.  Mar 26 Soymeal closed at $291.6/short ton, down $6.7 from yesterday's close.  Mar 26 Soyoil closed at 51.2 cents/lb up 0.93 cents from yesterday's close.  Feb 26 Live Cattle closed at $237.25/cwt up $2 from yesterday's close.  Mar 26 Feeder Cattle closed at $362.125/cwt up $5.95 from yesterday's close.  Feb 26 Lean Hogs closed at $84.625/cwt up $0.2 from yesterday's close.  Feb 26 WTI Crude Oil closed at $61.02/barrel up $1.52 from yesterday's close. ...

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RVO Math Still Missing Some Key Factors, Affecting Planting Decisions?

The market is still waiting for the 2026-2027 required volume obligation (RVO) to be announced. The expectation is that it will come by the end of this month; the proposed rule was issued in June 2025, referred to as the “Set 2” rule because there are several proposals that are re-s...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT As February draws to a close, wheat exports during the first quarter of the marketing year (December–February) are approaching 10 MMT, compared with a five-year average of 5 MMT. Argentina’s ample wheat supply continues to weigh on both global and domestic prices. The country...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds further expanding long positions across the major ag futures contracts for the sixth straight week. Funds added 176,000 contracts (60 percent) to their all-ags net long position, with strong and mostly uniform buying across the ag sector.  The soy co...

RVO Math Still Missing Some Key Factors, Affecting Planting Decisions?

The market is still waiting for the 2026-2027 required volume obligation (RVO) to be announced. The expectation is that it will come by the end of this month; the proposed rule was issued in June 2025, referred to as the “Set 2” rule because there are several proposals that are re-s...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT As February draws to a close, wheat exports during the first quarter of the marketing year (December–February) are approaching 10 MMT, compared with a five-year average of 5 MMT. Argentina’s ample wheat supply continues to weigh on both global and domestic prices. The country...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds further expanding long positions across the major ag futures contracts for the sixth straight week. Funds added 176,000 contracts (60 percent) to their all-ags net long position, with strong and mostly uniform buying across the ag sector.  The soy co...

feed-grains soy-oilseeds wheat

Market Commentary: Green Despite Many Obstacles

There was mostly green on the board for Friday and for the week as a whole. Another contract high was printed by soyoil as higher energies, higher inflation, and heightened geopolitical tensions all favored commodities.  There are some topical contrasts. For example, the cattle market is t...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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