World Perspectives
  • Markets
  • World
  • Publications

Articles

Black Sea Regional Analysis

Russian Grains Market: 3–7 November 2025 During the first week of November ,the market was predominantly bearish with rare temporary recoveries in in...

Market Commentary: CBOT Mixed as Shutdown End Begins

The CBOT was mixed with Monday’s strength in various markets fading quickly and giving way to a “turnaround Tuesday”. Corn and soyoil wer...

Pandorra’s Tariff Box

This is not a defense of tariffs or the tariff war, but a discussion about strategy and asymmetry. Since Mr. Trump announced his reciprocal tariff plan (tr...

Summary of Futures

Dec 25 Corn closed at $4.32/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.36/bushel, up $0.0025 from yesterday's close. ...

Livestock Industry Margins

Beef packer margins rallied for the third straight week and returned to positive values for the first time in a month. Margins rose $16/head and hit an est...

Market Commentary: Markets Rally as Shutdown Starts to End

CBOT markets rode a wave of enthusiasm Monday with the winds of a partial reopening of the U.S. government, China trade optimism, and USDA’s upcoming...

Trump Calls for Meat Packing Anti-Trust Investigation

Late Friday afternoon, President Trump called on the Department of Justice to investigate potential anticompetitive practices in the meatpacking industry...

Beef, Pasta, Inflation

Replicating his predecessor, Mr. Trump is blaming corporate price gouging for currently high beef prices. Charging the industry with “Illicit Collusi...

Summary of Futures

Dec 25 Corn closed at $4.2975/bushel, up $0.025 from yesterday's close.  Dec 25 Wheat closed at $5.3575/bushel, up $0.08 from yesterday's close. ...

Mercosur Regional Analysis

Wheat Harvesting is gaining momentum, including in the higher-yielding areas of Córdoba. Yields are good and some are described as impressive - as h...

European Market Analysis

Regional News  France is preparing to block a free trade agreement between the EU and Southern Common Market (Mercosur) trade block. French ag ministe...

Daily Estimate of Managed Money Positioning in Ag Futures

Amid the ongoing U.S. government shutdown, WPI presents the following estimates of managed money traders’ positioning in key agricultural futures mar...

Phosphate and Potash Added to Critical Minerals List

The Department of the Interior has added phosphate and potash, two key fertilizer ingredients, to the official Critical Minerals List. They are part of 60...

Market Commentary: Pre-Weekend Bounce on a Mixed Week

Outside markets continued their downbeat on Friday but ag futures had a few recoveries from yesterday’s trouncing.  Corn closed lower for the d...

Summary of Futures

Dec 25 Corn closed at $4.2725/bushel, down $0.015 from yesterday's close.  Dec 25 Wheat closed at $5.2775/bushel, down $0.0775 from yesterday's close...

WPI Crop Balance Sheet Forecasts

Ahead of next week’s USDA’s Crop Production and WASDE reports, WPI offers our latest projections for the corn, soybean, and wheat balance sheet...

WPI Grain Transportation Report

Dry bulk freight markets were quiet this past week and continued the trend that has been present since mid-October. The quiet trade let rates drift lower w...

Summary of Futures

Dec 25 Corn closed at $4.2875/bushel, down $0.065 from yesterday's close.  Dec 25 Wheat closed at $5.355/bushel, down $0.1925 from yesterday's close.&...

Market Commentary: Corrections Lower, and Maybe Yet Lower

There was a “show me the money” attitude in today’s trading as caution replaced yesterday’s enthusiasm in both ag markets and on Wa...

Livestock Roundup: U.S. and Global Beef Markets

USDA confirmed last Friday, 31 October, that despite the shutdown several key reports will be issued, including the November Cattle on Feed report, schedul...

Historic Trends in USDA’s November Crop Production Report

Heading into next week’s (mercifully) planned USDA Crop Production and WASDE reports, a key focus of the markets has been forecasting the agency&rsqu...

IEEPA Alternatives; Transatlantic Machinations; Anti-Bubble in Ag

IEEPA Alternatives The U.S. Supreme Court heard oral arguments today challenging President Trump’s use of the International Emergency Economic Powers...

Summary of Futures

Dec 25 Corn closed at $4.3525/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.5475/bushel, up $0.045 from yesterday's close.&nbs...

Black Sea Regional Analysis

Russian Grains Market: 27–31 October 2025 The Russian grains market remained predominantly bearish during the final week of October, with only brief...

Market Commentary: An Appearance of Weakness

Bullish sentiments have been driving the CBOT higher since last week’s U.S.-China trade talks, but bears finally made an appearance on Tuesday. The C...

Supreme Court to Hear Tariff Case Tomorrow

The Supreme Court will hear the case on President Trump’s tariffs tomorrow, and leading into the court session the White House is exuding confidence...

Inspiring Change; Transactional Ag; USMCA Attack

Inspiring Change U.S. President Donald Trump’s assault on NATO was unpleasant, especially for Europe. Yet the result was European capitals finally ag...

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.&n...

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iran continues to be the largest importer of Brazil maize as total maize exports reach 23...

Livestock Industry Margins

Beef packer margins rallied sharply last week and posted their second week of gains to end essentially at breakeven levels. Margins rose $142/head and hit...

Summary of Futures

Dec 25 Corn closed at $4.3425/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.435/bushel, up $0.095 from yesterday's close. ...

Offer Ownership; False Equivalence

Offer Ownership U.S. Senator Kevin Cramer (R-North Dakota) has urged the U.S. Justice Department to investigate the “Big Four” meat packing com...

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up