World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Markets started the week lower in the Sunday evening session with soybeans the weakest followed by wheat and corn. The lower pattern continued through to today’s market, but the losses in soybeans and wheat worsened. Soybeans eventually closed down 8-9.5 cents, but Chicago wheat managed to finish 0.50-1.75 cents higher. Corn was 1-2 cents lower most of the session and closed that way. The following news items were not helpful to the markets: Russia’s ag ministry again said that there will be no wheat export restrictions. U.S.-China trade talks continue but without any significant progress publicly reported. Congressional negotiations over the budget and border barrier broke down over the weekend, which means there is still...

WPI on Twitter

WPI POLL

What most worries you?

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.8075/bushel, up $0.0975 from yesterday's close.  Sep 19 Wheat closed at $4.7075/bushel, up $0.0175 from yesterday's close.  Nov 19 Soybeans closed at $8.7975/bushel, up $0.09 from yesterday's close.  Dec 19 Soymeal closed at $300.3/short ton, up $3.4 from...

Bond Yield, China, and Buying Opportunities

The yield curve for Treasury bonds inverted on Wednesday, and that sparked a major stock sell-off as well as rampant speculation about the state of the economy. While it is true that inverted yield curves preceded each of the last seven recessions, the phenomenon is a symptom and not a cause. I...

feed-grains soy-oilseeds wheat

Market Commentary

Expectations of crop tours finding yields below USDA’s latest estimate gave the CBOT a boost to end what has otherwise been a bearish week. Private yield estimates prompted a round of short covering in the corn and soybean markets, while wheat was left largely directionless. Cattle prices...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.8075/bushel, up $0.0975 from yesterday's close.  Sep 19 Wheat closed at $4.7075/bushel, up $0.0175 from yesterday's close.  Nov 19 Soybeans closed at $8.7975/bushel, up $0.09 from yesterday's close.  Dec 19 Soymeal closed at $300.3/short ton, up $3.4 from...

Bond Yield, China, and Buying Opportunities

The yield curve for Treasury bonds inverted on Wednesday, and that sparked a major stock sell-off as well as rampant speculation about the state of the economy. While it is true that inverted yield curves preceded each of the last seven recessions, the phenomenon is a symptom and not a cause. I...

feed-grains soy-oilseeds wheat

Market Commentary

Expectations of crop tours finding yields below USDA’s latest estimate gave the CBOT a boost to end what has otherwise been a bearish week. Private yield estimates prompted a round of short covering in the corn and soybean markets, while wheat was left largely directionless. Cattle prices...

Economic Conundrum; Trade Adjustment Assistance

Economic Conundrum The West turned unhappy with China’s trade and economic practices before Donald Trump, but it is unclear that his approach to the problem is working. While the trade hit on U.S. agriculture is clear, the American side is generally faring worse from the trade war. China&...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up