World Perspectives

Livestock Industry Margins

Beef packer margins improved to $222/head last week, up $26 from the prior week as the Choice cutout strengthened while fed cattle prices slipped lower. The cutout rose to $376/cwt while fed cattle fell to $220/cwt, strengthening packer returns. Margins remain exceptionally strong compared with...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $5.08/bushel, up $0.1075 from yesterday's close.  Dec 26 Wheat closed at $7.0425/bushel, up $0.12 from yesterday's close.  Nov 26 Soybeans closed at $13.03/bushel, up $0.2225 from yesterday's close.  Dec 26 Soymeal closed at $354.8/short ton, up $7.7 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Sri Lanka poultry producer associations say that the delay in approving maize imports is pushing prices for poultry meat and eggs higher. Producers have had to use rice for feed rather than maize due to a lack of supply, and many...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.9725/bushel, down $0.005 from yesterday's close.  Dec 26 Wheat closed at $6.9225/bushel, up $0.0925 from yesterday's close.  Nov 26 Soybeans closed at $12.8075/bushel, up $0.025 from yesterday's close.  Dec 26 Soymeal closed at $347.1/short ton, down $0.4...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $5.08/bushel, up $0.1075 from yesterday's close.  Dec 26 Wheat closed at $7.0425/bushel, up $0.12 from yesterday's close.  Nov 26 Soybeans closed at $13.03/bushel, up $0.2225 from yesterday's close.  Dec 26 Soymeal closed at $354.8/short ton, up $7.7 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Sri Lanka poultry producer associations say that the delay in approving maize imports is pushing prices for poultry meat and eggs higher. Producers have had to use rice for feed rather than maize due to a lack of supply, and many...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.9725/bushel, down $0.005 from yesterday's close.  Dec 26 Wheat closed at $6.9225/bushel, up $0.0925 from yesterday's close.  Nov 26 Soybeans closed at $12.8075/bushel, up $0.025 from yesterday's close.  Dec 26 Soymeal closed at $347.1/short ton, down $0.4...

feed-grains soy-oilseeds wheat

Market Commentary: Global Grain Demand Grows; Brazil Election, Currency Swing Boosts Soybeans

What You Need to Know Today: The Brazilian real surged to start the week after a surprise election result in which right-wing Flavio Bolsonaro won the first round of the election. The swing in the U.S. dollar/Brazilian real (USD/BRL) exchange rate caused soybeans to jump sharply higher in earl...

Understanding the Difference Between Export Inspections and Export Sales

Key Takeaways: Export sales measure new commitments for future delivery, while export inspections provide a timelier gauge of grain that is physically moving through the export system. Sales and inspections often diverge from week to week because they measure different stages of the export pro...

feed-grains soy-oilseeds wheat

Harvest Pressure: Why Grain Prices Often Weaken at Harvest

Key Takeaways: Harvest pressure is fundamentally a timing issue: supply arrives much faster than demand can adjust, creating temporary weakness that can occur across crops and regions. The intensity of that pressure depends less on crop size alone than on how quickly grain moves into the syste...

livestock

Hog Industry Margins

Pork packer margins closed out September as positive, marking an improvement in a challenging 2026. According to Sterling Marketing, for the week ending 26 September, pork packer margins were $6.98 per head, which is up from a loss of $0.13 the previous week, more than double the margin of $3.9...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 5 October)

Developer's Note 24 August 2026:  WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat Argentina Argentina’s wheat conditions improved following the latest round of rainfall. Around 34 percent of the crop is now at heading or later stages, with the first harvests starting in the north and early yields coming in above historical averages. The area rated Good to Excelle...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.9775/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.83/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.7825/bushel, down $0.0575 from yesterday's close.  Dec 26 Soymeal closed at $347.5/short ton, down $5...

feed-grains soy-oilseeds wheat

Market Commentary: Harvest Pressure Weighs on Grains, Diesel Could See Much-Needed Relief

What You Need to Know Today: The G7 agreed to release 100 million barrels of crude oil and fuel reserves over four months, with a substantial diesel release front-loaded into the first 20 days. The announcement initially pushed crude oil lower on Friday, although it later recovered a portion o...

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