World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.1925/bushel, down $0.095 from yesterday's close.  Sep 25 Wheat closed at $5.695/bushel, down $0.14 from yesterday's close.  Jul 25 Soybeans closed at $10.5875/bushel, down $0.0925 from yesterday's close.  Jul 25 Soymeal closed at $282.4/short ton, down $1.7 from yesterday's close.  Jul 25 Soyoil closed at 53.24 cents/lb down 1.23 cents from yesterday's close.  Aug 25 Live Cattle closed at $209.375/cwt down $0.45 from yesterday's close.  Aug 25 Feeder Cattle closed at $302.8/cwt up $0.35 from yesterday's close.  Aug 25 Lean Hogs closed at $113.05/cwt up $0.6 from yesterday's close.  Aug 25 WTI Crude Oil closed at $68.84/barrel down $5 from yesterday's close. ...

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feed-grains soy-oilseeds wheat

Market Commentary: Weather Not War Tanks the Market

Ags were mostly bearish on weather and an expected improving Crop Progress report, though the latter did not turn out that way. Equities opened partly in the red but quickly shifted green and stayed that way even after Iran launched missiles at U.S. bases in Qatar and Iraq. Save for hogs and Fe...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  Argentina’s wheat planting advanced by 21.8 percentage points last week and now covers 60.3 percent of the projected 6.7 Mha for the 2025/26 season. This pace is above the historical average but remains 5 percentage points behind last year’s progress. In the core product...

livestock

Dairy Herd Grows to Four Year High

Last Friday, the May dairy production totals were released, and USDA says milk production went up again in May. Production nationwide rose 1.6 percent, and the 24 major producing states saw production rise 1.7 percent. That is after production increases in April where USDA revised the April pro...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Not War Tanks the Market

Ags were mostly bearish on weather and an expected improving Crop Progress report, though the latter did not turn out that way. Equities opened partly in the red but quickly shifted green and stayed that way even after Iran launched missiles at U.S. bases in Qatar and Iraq. Save for hogs and Fe...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  Argentina’s wheat planting advanced by 21.8 percentage points last week and now covers 60.3 percent of the projected 6.7 Mha for the 2025/26 season. This pace is above the historical average but remains 5 percentage points behind last year’s progress. In the core product...

livestock

Dairy Herd Grows to Four Year High

Last Friday, the May dairy production totals were released, and USDA says milk production went up again in May. Production nationwide rose 1.6 percent, and the 24 major producing states saw production rise 1.7 percent. That is after production increases in April where USDA revised the April pro...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The weather patterns remain unfavorable for EU and UK summer crop development with above-average temperatures forecast for the next 15 days. The hot temperatures will combine with below-normal rainfall to offer significant chances at crop stress heading into mid-July. The la...

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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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