World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Weather forecasts run yesterday afternoon and evening continue to show a drying trend across the Corn Belt, which led futures lower overnight. The worst of the planting-delaying weather seems to be over, and fresh forecasts are broadly encouraging. Overnight pressure also came from news that hog producers in the Southeast U.S. are importing South American corn as FOB NOLA prices now exceed FOB Paranagua, Brazil offers by $13/MT for June delivery. The day’s trend at the CBOT was lower as the weather should allow fieldwork to pick up significantly. Rumors have been circulating that farmers have made good planting progress so far this week and should continue to do so into the weekend. If farmers can get a crop into the ground, the mark...

WPI on Twitter

WPI POLL

Sustainability improvement in agriculture is moving?

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $4.2075/bushel, down $0.0525 from yesterday's close.  Mar 21 Wheat closed at $5.7725/bushel, down $0.0775 from yesterday's close.  Jan 21 Soybeans closed at $11.62/bushel, down $0.065 from yesterday's close.  Jan 21 Soymeal closed at $390.2/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Selloff Continues; Corn Approaches Major Support

The CBOT attempted a dead-cat bounce overnight but turned lower during the day session. Wheat was the downside leader as weak technical conditions, and a large Australian crop are pressuring the price outlook. Wheat weakness pulled corn lower and the March futures contract slipped to major tren...

Approaching $6.94 Trillion in COVID Relief, With $26 Billion More For Ag?

The lame duck session of Congress continues to work on a funding bill to meet the 11 December deadline when the current continuing resolution expires. Moreover, it appears that a bipartisan effort at another round of COVID relief could also be a part of the deal. A group of lawmakers from both...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $4.2075/bushel, down $0.0525 from yesterday's close.  Mar 21 Wheat closed at $5.7725/bushel, down $0.0775 from yesterday's close.  Jan 21 Soybeans closed at $11.62/bushel, down $0.065 from yesterday's close.  Jan 21 Soymeal closed at $390.2/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Selloff Continues; Corn Approaches Major Support

The CBOT attempted a dead-cat bounce overnight but turned lower during the day session. Wheat was the downside leader as weak technical conditions, and a large Australian crop are pressuring the price outlook. Wheat weakness pulled corn lower and the March futures contract slipped to major tren...

Approaching $6.94 Trillion in COVID Relief, With $26 Billion More For Ag?

The lame duck session of Congress continues to work on a funding bill to meet the 11 December deadline when the current continuing resolution expires. Moreover, it appears that a bipartisan effort at another round of COVID relief could also be a part of the deal. A group of lawmakers from both...

Empowering the Political Class

Ronald Reagan famously said, “If you want more of something, subsidize it; if you want less of something tax it.” Some countries are moving forward with taxes on technology companies. After all, they are big, rich and offer up an easy fillip on government revenues. However, it can a...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up