World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Trading was double-sided and lackluster today following USDA’s bearish WASDE. Chart and technical conditions are bearish, and that is turning funds into sellers despite some solid end user buying. Reports from farm country are that farmer sales are almost completely gone after the CBOT’s recent break as producers adopt a strategy of storing grain and hoping for a trade war resolution. The latter may come soon(ish?) as the U.S. and China are once again sitting down to trade talks. With all the sitting down at meetings, getting up with nothing done and sitting down again, trade negotiations are starting to feel more like a Catholic Mass! Regardless, China is hopeful the Trump administration will offer more concessions ahead of the...

WPI on Twitter

WPI POLL

What is the most likely outlook for the EU - U.S. trade negotiations?

Related Articles
wheat feed-grains soy-oilseeds

Black Sea Regional Analysis

Russian Grain Markets: 15-19 April 2019 While grain prices on the domestic market mostly dropped in RUB expression, they grew slightly in USD expression due to the strengthening of the ruble. Meanwhile, the average milling wheat sea export price fell to $222/MT FOB Black Sea, and purchase price...

Tri-Rift; Labor Waves

Tri-Rift President Donald Trump has ripped apart the trilateral EU-Japan-U.S. policy consortium and looks to increasingly target Europe with his bitterness. Yesterday he threatened reciprocity for Europe’s retaliatory duties against Harley Davidson, and the intent by Brussels to evade his...

feed-grains soy-oilseeds wheat

Summary of Futures

May 19 Corn closed at $3.4675/bushel, down $0.045 from yesterday's close.  Jul 19 Wheat closed at $4.385/bushel, down $0.065 from yesterday's close.  May 19 Soybeans closed at $8.5525/bushel, down $0.0675 from yesterday's close.  May 19 Soymeal closed at $300.4/short ton, down $0...

wheat feed-grains soy-oilseeds

Black Sea Regional Analysis

Russian Grain Markets: 15-19 April 2019 While grain prices on the domestic market mostly dropped in RUB expression, they grew slightly in USD expression due to the strengthening of the ruble. Meanwhile, the average milling wheat sea export price fell to $222/MT FOB Black Sea, and purchase price...

Tri-Rift; Labor Waves

Tri-Rift President Donald Trump has ripped apart the trilateral EU-Japan-U.S. policy consortium and looks to increasingly target Europe with his bitterness. Yesterday he threatened reciprocity for Europe’s retaliatory duties against Harley Davidson, and the intent by Brussels to evade his...

feed-grains soy-oilseeds wheat

Summary of Futures

May 19 Corn closed at $3.4675/bushel, down $0.045 from yesterday's close.  Jul 19 Wheat closed at $4.385/bushel, down $0.065 from yesterday's close.  May 19 Soybeans closed at $8.5525/bushel, down $0.0675 from yesterday's close.  May 19 Soymeal closed at $300.4/short ton, down $0...

Interactive Ocean Freight Rates (Updated 24 April)

Update for 24 April 2019: Thanks for the feedback and suggestions on the app below. We've made some adjustments to incorporate your ideas. Now, we're working on another app that will combine WPI's freight rate data with FOB price indications for corn, soybeans, and wheat. Stay tuned!  As o...

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