World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 23 Corn closed at $4.8725/bushel, down $0.09 from yesterday's close.  Sep 23 Wheat closed at $6.2675/bushel, down $0.11 from yesterday's close.  Nov 23 Soybeans closed at $13.075/bushel, down $0.1075 from yesterday's close.  Dec 23 Soymeal closed at $388.7/short ton, down $5 from yesterday's close.  Dec 23 Soyoil closed at 60.22 cents/lb down 0.26 cents from yesterday's close.  Oct 23 Live Cattle closed at $181.325/cwt down $1.2 from yesterday's close.  Sep 23 Feeder Cattle closed at $251.45/cwt down $0.125 from yesterday's close.  Oct 23 Lean Hogs closed at $81.325/cwt up $1 from yesterday's close.  Sep 23 WTI Crude Oil closed at $83.11/barrel up $0.29 from yesterday's close.   ...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rises as Precipitation Forecasts Fall

The CBOT tried – and mostly succeeded – to reverse Friday’s selloff with corn, wheat, and the soy complex all turning higher to start the first full trading week of 2025. The fundamental catalysts for the day’s strength were the slide in the U.S. dollar, thanks to more trade-friendly (or at lea...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONEgypt will see the investment of $100 million by China’s New Hope Group in the expansion of its animal feed operations. New Hope currently has five production facilities in Egypt producing 650,000 MT of animal feeds which will be increas...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rises as Precipitation Forecasts Fall

The CBOT tried – and mostly succeeded – to reverse Friday’s selloff with corn, wheat, and the soy complex all turning higher to start the first full trading week of 2025. The fundamental catalysts for the day’s strength were the slide in the U.S. dollar, thanks to more trade-friendly (or at lea...

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In a joint session today, Congress certified the 2024 election results. That sets up the incoming Trump Administration to pursue an ambitious First 100 Days of executive orders and other legislative activity that will likely include many of the campaign promises he made, including significant d...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.5775/bushel, up $0.07 from yesterday's close. Mar 25 Wheat closed at $5.405/bushel, up $0.1125 from yesterday's close. Mar 25 Soybeans closed at $9.9775/bushel, up $0.06 from yesterday's close. Mar 25 Soymeal closed at $307.3/short ton, down $1.3 from yes...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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