World Perspectives
soy-oilseeds

Oilseed Highlights: Up, Despite Grey Clouds

The Market Brazil has been winning the soybean export war, and imported biodiesel feedstock threatens domestic crush margins, but Chicago trading this week appeared to shake off such concerns. July soybeans traded lower for the past three trading sessions but larger gains achieved at the beginning of the week enabled the contract to close out on Friday with a 2.5 percent gain at 1177.25/bushel. July soymeal was up 2.2 percent this week and is now valued at 344.7/ST; and July soyoil was up 2 percent at 45.54/pound.  Speculators reduced their net short positions this week by nearly 10 percent to 164,023 contracts. USDA’s Crop Progress report showed that 8 percent of expected soybean plantings were sown as of last week. That is...

WPI on Twitter

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Traders Pause CBOT Rally While Eyeing WASDE

The grain market fundamentals didn’t change much from Monday to Tuesday, but traders largely suspended their short-covering or long-positioning efforts as they looked ahead to the May WASDE. The report will be issued this Friday and will include USDA’s first projections for MY 2024/...

livestock

Beef Supply Overview

The March data for beef exports at 256.108 million pounds showed a drop in volume of 10.4 percent from March 2023, but posted the highest volume of Q1. Export value was down 0.3 percent, or effectively flat, from 2023, but was the highest in nine months. For Q1 2024, volume was 311,865 MT, down...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.67/bushel, down $0.02 from yesterday's close.  Jul 24 Wheat closed at $6.4275/bushel, down $0.06 from yesterday's close.  Jul 24 Soybeans closed at $12.465/bushel, down $0.0225 from yesterday's close.  Jul 24 Soymeal closed at $383.2/short ton, down $4.4...

feed-grains soy-oilseeds wheat

Market Commentary: Traders Pause CBOT Rally While Eyeing WASDE

The grain market fundamentals didn’t change much from Monday to Tuesday, but traders largely suspended their short-covering or long-positioning efforts as they looked ahead to the May WASDE. The report will be issued this Friday and will include USDA’s first projections for MY 2024/...

livestock

Beef Supply Overview

The March data for beef exports at 256.108 million pounds showed a drop in volume of 10.4 percent from March 2023, but posted the highest volume of Q1. Export value was down 0.3 percent, or effectively flat, from 2023, but was the highest in nine months. For Q1 2024, volume was 311,865 MT, down...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.67/bushel, down $0.02 from yesterday's close.  Jul 24 Wheat closed at $6.4275/bushel, down $0.06 from yesterday's close.  Jul 24 Soybeans closed at $12.465/bushel, down $0.0225 from yesterday's close.  Jul 24 Soymeal closed at $383.2/short ton, down $4.4...

Remake Agriculture for the Climate; Counter-Notifying India; Plurilateral Path

Remake Agriculture for the Climate The World Bank has issued a report on achieving net zero emissions in the agrifood system (Recipe for a Livable Planet) that cites the sector for being a big emitter, but also one that can achieve reductions at a relatively low-cost. It makes the usual recomme...

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