World Perspectives
feed-grains

Technical Views - Upside Follow-through

SPREADS Dec crush trades to 96c/bu while oilshare trades to 45.72%.   Corn spreads are firmer across the board.  Dec/March corn trades into 7 1/4c from 8c, while Dec 21/22 corn inverse trades from 18c up to 23 1/2.  Dec wheat/corn spread trades from 1.72 3/4c up to 1.79 1/2c.     Nov 21/Nov 22 inverse trades from 25 3/4c to 29 1/4c.  Nov/Jan bean spread trades from 8 3/4c out to 9 1/4c.   Dec/March meal trades from 5.00 to $5.40 carry.   PALM OIL Nov. up 98 ringgits ending at 4,438 ringgit/mt.   NEWS Stocks have been trading both sides of even with crude up to $71.73/barrel and the US dollar down to 92.42. CALLS Calls are as follows: beans:  8-10 higher meal...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 6–10 October 2025 The Russian grains market showed mixed dynamics. While bearish sentiment persisted in the Asian regions and the Volga Valley, prices in European Russia stabilized and even recovered for staple grains. The sharp downward trend observed in September...

FOB Prices and Freight Rates App (Updated 15 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

livestock

Livestock Industry Margins

Beef packer margins fell for the fifth straight week and remained in negative territory for the second week in a row. Margins are estimated at -$118/head, pressured by a modest dip in the Choice cutout and a $3 increase in fed cattle prices. The drop credit also weakened for the sixth consecuti...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 6–10 October 2025 The Russian grains market showed mixed dynamics. While bearish sentiment persisted in the Asian regions and the Volga Valley, prices in European Russia stabilized and even recovered for staple grains. The sharp downward trend observed in September...

FOB Prices and Freight Rates App (Updated 15 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

livestock

Livestock Industry Margins

Beef packer margins fell for the fifth straight week and remained in negative territory for the second week in a row. Margins are estimated at -$118/head, pressured by a modest dip in the Choice cutout and a $3 increase in fed cattle prices. The drop credit also weakened for the sixth consecuti...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Grains; Soybeans Sag; New Highs for Cattle

Corn and wheat found technical support Tuesday that created turnarounds on their respective charts and, in the case of wheat, formed bullish key reversals. News of smaller corn yields in the Midwest and strong export sales performance last week helped boost corn and wheat values following Monda...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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