World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy prices chopped slightly around either side of unchanged in overnight trade, giving rise to thoughts that those markets might be able to muster up a Turnaround Tuesday. However, it was not to be. Renewed fund selling of corn and soybean contracts kept prices under pressure throughout the day session, sending them to new lows. Chicago and KC wheat prices did gain around 3 cents, but that is not much of a turnaround given the beating they received yesterday and during the past several trading days. Renewed fund selling, cheaper soybean and corn offers out of Brazil and Argentina fueled by their currency weakness, forecasts for a few days of drier/warmer weather for the central Corn Belt, the lack of any visible movement on a Chi...

WPI on Twitter

WPI POLL

Sino-American relations are headed toward?

Related Articles

Trade Managed by China; India Tiptoes Reform

Trade Managed by China Australia Trade Minister Simon Birmingham said that government is looking carefully to see if the U.S. – China Phase One trade agreement is resulting in “managed trade” that is violating the rules of the WTO. Well the agreement is certainly managed trade...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT continued its strength on Wednesday, buoyed largely by rising Russian/Ukrainian FOB wheat prices and continued strength in the Brazilian real. Despite improving weather for Europe and the Black Sea region, the market remains concerned about Black Sea supplies, especially after Ukrainia...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 20 Corn closed at $3.24/bushel, down $0.0025 from yesterday's close.  Jul 20 Wheat closed at $5.12/bushel, up $0.04 from yesterday's close.  Jul 20 Soybeans closed at $8.575/bushel, up $0.07 from yesterday's close.  Jul 20 Soymeal closed at $286.3/short ton, up $2.6 from yest...

Trade Managed by China; India Tiptoes Reform

Trade Managed by China Australia Trade Minister Simon Birmingham said that government is looking carefully to see if the U.S. – China Phase One trade agreement is resulting in “managed trade” that is violating the rules of the WTO. Well the agreement is certainly managed trade...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT continued its strength on Wednesday, buoyed largely by rising Russian/Ukrainian FOB wheat prices and continued strength in the Brazilian real. Despite improving weather for Europe and the Black Sea region, the market remains concerned about Black Sea supplies, especially after Ukrainia...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 20 Corn closed at $3.24/bushel, down $0.0025 from yesterday's close.  Jul 20 Wheat closed at $5.12/bushel, up $0.04 from yesterday's close.  Jul 20 Soybeans closed at $8.575/bushel, up $0.07 from yesterday's close.  Jul 20 Soymeal closed at $286.3/short ton, up $2.6 from yest...

feed-grains wheat soy-oilseeds

Rice as Laggard

It was noted yesterday that the growth in global production of wheat has tracked population growth whereas corn and soybeans have expanded exponentially more. Wheat is predominantly a food grain whereas corn and soybeans have fed the expanding animal protein sector. Rice is also predominantly a...

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