World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The overnight session opened with little price direction. Grain and soy prices were down just slightly, although they recovered enough to trade in mixed fashion but very light volume. At the morning recess, corn and soybeans were in slightly positive territory, but wheat was a little weaker. That pattern continued pretty much throughout the day session, which was also marked by low trading volume and little interest for pushing prices in either direction. Daily trading ranges were narrow. Winter wheat futures traded in a 6-7 cent range, corn managed a 3 cent range, and soybeans stayed in about a 9 cent range. At the end, Chicago wheat was down 1-2.5 cents, KC wheat lost 3.25-5 cents, corn was up 1.25-1.75 cents, and soybeans gained 2.5-3 ce...

WPI on Twitter

WPI POLL

The future of the agricultural commodities business is?

Related Articles

Legs of War; No Cigar

Legs of War The news that Presidents Trump and Xi plus their negotiators will have extended bilateral discussions around the G20 Summit was seen as hopeful but not definitive. Both sides are dug in deep and short of one side or the other (or both). As it incurs economic calamity, this war would...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 19 Corn closed at $4.4975/bushel, down $0.05 from yesterday's close.  Jul 19 Wheat closed at $5.315/bushel, down $0.08 from yesterday's close.  Jul 19 Soybeans closed at $9.135/bushel, up $0.0075 from yesterday's close.  Jul 19 Soymeal closed at $322/short ton, down $2.3 from...

equities

News Impacts on Commodity Volatility

Researchers from Northwestern, Stanford, and the University of Chicago tracked equity market volatility with articles from eleven different newspapers, and they unsurprisingly found that trade policy had no impact on the market prior to the election of Donald Trump (see NBER Working Paper No. 2...

Legs of War; No Cigar

Legs of War The news that Presidents Trump and Xi plus their negotiators will have extended bilateral discussions around the G20 Summit was seen as hopeful but not definitive. Both sides are dug in deep and short of one side or the other (or both). As it incurs economic calamity, this war would...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 19 Corn closed at $4.4975/bushel, down $0.05 from yesterday's close.  Jul 19 Wheat closed at $5.315/bushel, down $0.08 from yesterday's close.  Jul 19 Soybeans closed at $9.135/bushel, up $0.0075 from yesterday's close.  Jul 19 Soymeal closed at $322/short ton, down $2.3 from...

equities

News Impacts on Commodity Volatility

Researchers from Northwestern, Stanford, and the University of Chicago tracked equity market volatility with articles from eleven different newspapers, and they unsurprisingly found that trade policy had no impact on the market prior to the election of Donald Trump (see NBER Working Paper No. 2...

feed-grains

Shifting Baseline Leaves Real Crop Progress Still Unknown

USDA issued the crop progress report yesterday, but interpreting any meaning from it is almost impossible under current conditions because the baseline of intended planting has changed. Consider, 1 March planting intentions had indicated there would be 92.8 million acres of corn this year. That...

Image
From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up