World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Downward

SPREADS July crush trades down to 60c/bu while oilshare sits at 40.19%.  Spreads are a touch weaker today as funds book profits.  July/Nov bean inverse trades to 1.89 1/4c from 1.92 1/2c, though the May/July inverse trades higher to 12 1/2c from 11 3/4c.  July/Dec meal trades from $30.40 to $31.40.  July/Dec corn inverse trades from 65 3/4c up to 68 1/2c.  May/July corn trades from 16 1/2c inverse down to 15 1/2c.  July wheat/corn trades from 84c down to 80c.  May/July soyoil trades down 8 pts to 2.95 from 3.19.  May/July wheat trades from 5 3/4c inverse to 4c.  PALM OIL June palm oil down 54 ringgits at 3.869 ringgit/mt.  Malaysia's AmSpec estimated palm oil exports for March 1-25 at 1.0...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

London based GAFTA – Grain and Feed Trade Association – advises that in 2024/25 they had 314 new mainly grain arbitrations and 43 appeals. 170 arbitrations were finalized while 46 were settled outside of arbitration. The average cost for an arbitration, under rule 125 for a GAFTA me...

feed-grains soy-oilseeds wheat

Market Commentary: Yield, Acreage Increases Sink Corn, Soybeans

The CBOT came under heavy selling pressure following the January WASDE as USDA unexpectedly increased U.S. corn acreage and yields. The USDA also added area to the soybean harvested and made a bearish cut to U.S. wheat demand, moves which sent all of the major commodity futures markets sharply...

India Holds Out; USMCA Friction; AI and Ag

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

London based GAFTA – Grain and Feed Trade Association – advises that in 2024/25 they had 314 new mainly grain arbitrations and 43 appeals. 170 arbitrations were finalized while 46 were settled outside of arbitration. The average cost for an arbitration, under rule 125 for a GAFTA me...

feed-grains soy-oilseeds wheat

Market Commentary: Yield, Acreage Increases Sink Corn, Soybeans

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feed-grains

WASDE Corn - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. corn is for larger production and higher feed residual usage to result in greater ending stocks: Corn production is estimated at 17.0 billion bushels, up 269 million on a 0.5-bushel increase in yield to 186.5 bushels per acre and a 1.3-million acre ris...

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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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