World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: CBOT Tumbles on Fund and Technical Selling

Trade was one-sided at the CBOT on Friday with aggressive selling the theme of the day. The markets opened on the defensive as expected, with funds lightening up on what had become burdensome long positions. That weakness accelerated into the noon hour and sell-stops were triggered as corn and soybeans passed key technical marks. Chicago wheat futures broke trendline support following the lead of weaker Paris and Black Sea markets overnight. Livestock futures were the only major markets to see significant gains with cattle futures rallying on technical breakouts and the hog market finding support from stronger cash markets. Funds are thought to have sold some 50,000 contracts of corn and 35,000-40,000 contracts of soybeans in today’s...

WPI on Twitter

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Some Reversals, Some Not

Corn, soybeans and soyoil all closed lower after trading up the previous three sessions. July soymeal made it a fourth trading session higher, and wheat remains on a tear with a fifth trading session closing higher. The mood around wheat sees supply concerns developing in North America and in t...

livestock

Forecast Cow-Calf Profits Near Record, Robust Heifer Retention Expected

Cow-calf producer margins are discussed less frequently in these pages than their downstream counterparts of feedlot and beef packer margins, but this doesn’t mean they are less important to understanding the beef industry’s current state and outlook. Additionally, discussion of thi...

feed-grains soy-oilseeds wheat

Summary of Futures

Thank you...

feed-grains soy-oilseeds wheat

Market Commentary: Some Reversals, Some Not

Corn, soybeans and soyoil all closed lower after trading up the previous three sessions. July soymeal made it a fourth trading session higher, and wheat remains on a tear with a fifth trading session closing higher. The mood around wheat sees supply concerns developing in North America and in t...

livestock

Forecast Cow-Calf Profits Near Record, Robust Heifer Retention Expected

Cow-calf producer margins are discussed less frequently in these pages than their downstream counterparts of feedlot and beef packer margins, but this doesn’t mean they are less important to understanding the beef industry’s current state and outlook. Additionally, discussion of thi...

feed-grains soy-oilseeds wheat

Summary of Futures

Thank you...

Reigniting a Transatlantic Deal; Indian Powerhouse; “Barons” is Bombastic

Reigniting a Transatlantic Deal  Former Italian prime minister Enrico Letta is something of a policy rock star after authoring a report on the future strategy for the EU. Most of the 146-page report focuses on strengthening the EU’s internal Single Market but, buried at the end of th...

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