World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Corn, Wheat Stabilize while Soy Complex, Livestock Collapse Further

Trade at the CBOT was highly mixed across the different market categories Tuesday with grains (corn and wheat) seeing mild gains and signs of pre-WASDE stability emerge while oilseeds and livestock futures sold off sharply again. The vegoil rally that last week’s tensions between Indonesia and China triggered now seems to be over, and that sent CBOT soyoil – and by extension soybeans too – sharply lower for the day. Livestock markets spooked at signs of waning or continued tepid meat demand and broke down further with multiple bearish technical developments. WPI wrote yesterday that volatility is likely to be unusually high before this month’s WASDE report and that was certainly the case again Tuesday.  One not...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 14-20, 2025.   Wheat: Net sales of 100,300 metric tons (MT) for 2024/2025 were down noticeably from the previous week and down 65 percent from the prior 4-week average. Export shipments of 428,700 MT were down 9 percent from the previous week, but...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5/bushel, down $0.0125 from yesterday's close.  May 25 Wheat closed at $5.32/bushel, down $0.0325 from yesterday's close.  May 25 Soybeans closed at $10.1675/bushel, up $0.1575 from yesterday's close.  May 25 Soymeal closed at $294.5/short ton, up $0.9 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Speculating About Monday

Futures traded bearishly mixed. The start of the trade war, the possible hiatus in the Ukraine war, static weather conditions, and major USDA reports to be issued on Monday all keep traders in a cautious position.  Today’s USDA Export Sales report covering last week’s activity...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 14-20, 2025.   Wheat: Net sales of 100,300 metric tons (MT) for 2024/2025 were down noticeably from the previous week and down 65 percent from the prior 4-week average. Export shipments of 428,700 MT were down 9 percent from the previous week, but...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5/bushel, down $0.0125 from yesterday's close.  May 25 Wheat closed at $5.32/bushel, down $0.0325 from yesterday's close.  May 25 Soybeans closed at $10.1675/bushel, up $0.1575 from yesterday's close.  May 25 Soymeal closed at $294.5/short ton, up $0.9 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Speculating About Monday

Futures traded bearishly mixed. The start of the trade war, the possible hiatus in the Ukraine war, static weather conditions, and major USDA reports to be issued on Monday all keep traders in a cautious position.  Today’s USDA Export Sales report covering last week’s activity...

livestock

Livestock Roundup: Hogs and Pigs Report

USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 March was 74.5 million head. This was down slightly from 1 March 2024 and down 1 percent from 1 December.   Breeding inventory, at 5.98 million head, was down 1 percent from last year, and...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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