What You Need to Know Today: End-of-month profit taking sent the CBOT broadly lower, though corn and soybeans managed to post small gains to continue their rallies. Turkey’s foreign ministry claimed to have a plan to ensure safe passage for both Ukrainian and Russian grain vessels via th...
Dec 26 Corn closed at $5.3775/bushel, up $0.0125 from yesterday's close. Dec 26 Wheat closed at $7.74/bushel, down $0.1 from yesterday's close. Nov 26 Soybeans closed at $12.88/bushel, up $0 from yesterday's close. Dec 26 Soymeal closed at $345.3/short ton, down $3.6 from yest...
Key Takeaways: Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates...
As WPI reported on 21 August and on 27 August, President Trump has announced a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported without out-of-quota tariffs, which stand at 26.4 percent, allowing them in at 4.4 cents per kg, a move aimed at bring...
Dec 26 Corn closed at $5.3775/bushel, up $0.0125 from yesterday's close. Dec 26 Wheat closed at $7.74/bushel, down $0.1 from yesterday's close. Nov 26 Soybeans closed at $12.88/bushel, up $0 from yesterday's close. Dec 26 Soymeal closed at $345.3/short ton, down $3.6 from yest...
Key Takeaways: Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates...
As WPI reported on 21 August and on 27 August, President Trump has announced a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported without out-of-quota tariffs, which stand at 26.4 percent, allowing them in at 4.4 cents per kg, a move aimed at bring...
Corn Argentina The 2026/27 Argentine corn planting outlook remains broadly stable, with the Buenos Aires Grain Exchange projecting 8.4 Mha, unchanged from 2025/26. Regional shifts are expected to largely offset each other, with lower acreage in the NOA and NEA due to renewed concerns over Dalbu...
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...
Corn Argentina The 2026/27 Argentine corn planting outlook remains broadly stable, with the Buenos Aires Grain Exchange projecting 8.4 Mha, unchanged from 2025/26. Regional shifts are expected to largely offset each other, with lower acreage in the NOA and NEA due to renewed concerns over Dalbu...
The bull market in ag commodities reached a fevered pitch last week with drought, yield, and export concerns at key places around the world driving massive fund and commercial buying. Managed money traders bought 204,000 contracts across the ag markets through last Tuesday’s data reportin...
Dec 26 Corn closed at $5.365/bushel, up $0.03 from yesterday's close. Dec 26 Wheat closed at $7.84/bushel, up $0.2325 from yesterday's close. Nov 26 Soybeans closed at $12.88/bushel, up $0.2 from yesterday's close. Dec 26 Soymeal closed at $348.9/short ton, up $8 from yesterda...
What You Need to Know Today: Corn, wheat, and the soy complex all formed new contract or at least rally highs to close what has become one of the most uniformly bullish weeks in CBOT history. Escalations in the fighting between Russia and Ukraine and attacks on civilian merchant vessels show n...
The Federal Reserve Board holds an annual meeting in Jackson Hole, Wyoming, each year about this time, and this year’s meeting is now. It’s always a “must-watch” event, but this year, amidst persistent inflation and with a new Fed chairman, Kevin Warsh, it drew additiona...
You cannot escape the vortex of opinions about water scarcity in the Western United States, especially in the drought-stricken Colorado River Basin. Agriculture is the villain in many of these editorials. Agriculture uses too much water, so it should use less, is the refrain. We all wish it was...
Dec 26 Corn closed at $5.335/bushel, down $0.03 from yesterday's close. Dec 26 Wheat closed at $7.6075/bushel, up $0.125 from yesterday's close. Nov 26 Soybeans closed at $12.68/bushel, up $0.02 from yesterday's close. Dec 26 Soymeal closed at $340.9/short ton, up $1.6 from ye...
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