World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Mixed

SPREADS  Dec crush trades to 77.83c/bu while oilshare is back below 33% to 32.96%.   Corn spreads weaken with Dec/March trading out to 11 3/4c from 11c, and Dec 19/Dec 20 corn back out to 19c from 16 1/2c.  Dec wheat/corn trades from 1.14 1/4c to 1.16 3/4c.  Dec meal trades from $6.20 to $6.30.  Nov/Jan beans trades from 14c to 14 3/4c while Jan/March trades from 10 3/4c to 11c.   PALM OIL Dec up 46 ringgits.  Malaysian cash offers +10/mt higher, following Chicago performance yesterday. NEWS Equities are lower, down 50 pts, on more geopolitical tensions between Washington/US which could threaten to derail the trade war initial phase one.  Crude oil trades down to $52.51/barrel, with the...

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feed-grains soy-oilseeds wheat

Market Commentary: Cattle Hit New Records while Wheat Hits New Lows; Planting in Focus

The CBOT was mostly lower to start the week with expectations of favorable planting progress in this afternoon’s Crop Progress report creating much of the pressure. Wheat was the big loser for the day with favorable weather in the major growing regions prompting a strong wave of selling f...

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feed-grains soy-oilseeds wheat

Market Commentary: Cattle Hit New Records while Wheat Hits New Lows; Planting in Focus

The CBOT was mostly lower to start the week with expectations of favorable planting progress in this afternoon’s Crop Progress report creating much of the pressure. Wheat was the big loser for the day with favorable weather in the major growing regions prompting a strong wave of selling f...

Quick Hits

Canadian Elections: Canada is going to the polls today. Earlier in the year, the Liberal Party was out of favor in Canada, but Trump’s talk of the 51st State has changed the dynamics of the election. Canada has six time zones, so the final results will be in late tonight.  SCP Safegu...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 28 April)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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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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