Regional News EU cattle markets remain relatively unchanged from recent weeks, with German and Austrian prices falling slightly amid carnival-period reduced interest. EU hog and pig markets have started to stabilize, with the “backlog” of market-ready animals largely cle...
Corn/Feed USDA reports that Chinese domestic production of corn and wheat exceeds demand, but that barley is in a supply deficit and must be imported. China’s overall feed production is growing faster than its meat and egg output. China’s corn crop has been damaged by wetness, and i...
Mar 26 Corn closed at $4.2625/bushel, down $0.055 from yesterday's close. Mar 26 Wheat closed at $5.3775/bushel, down $0.11 from yesterday's close. Mar 26 Soybeans closed at $11.34/bushel, up $0.01 from yesterday's close. Mar 26 Soymeal closed at $305.8/short ton, down $3.4 fr...
Chairman of the House Agriculture Committee, Glenn Thompson (R-Pennsylvania), released the text of the farm bill on Friday. Markup is scheduled for next week. Some key highlights are shown below. Commodities: Directs reporting on dairy production expenses to ensure that producer costs ar...
Corn/Feed USDA reports that Chinese domestic production of corn and wheat exceeds demand, but that barley is in a supply deficit and must be imported. China’s overall feed production is growing faster than its meat and egg output. China’s corn crop has been damaged by wetness, and i...
Mar 26 Corn closed at $4.2625/bushel, down $0.055 from yesterday's close. Mar 26 Wheat closed at $5.3775/bushel, down $0.11 from yesterday's close. Mar 26 Soybeans closed at $11.34/bushel, up $0.01 from yesterday's close. Mar 26 Soymeal closed at $305.8/short ton, down $3.4 fr...
Chairman of the House Agriculture Committee, Glenn Thompson (R-Pennsylvania), released the text of the farm bill on Friday. Markup is scheduled for next week. Some key highlights are shown below. Commodities: Directs reporting on dairy production expenses to ensure that producer costs ar...
Mediterranean/Middle East/North Africa/Africa – MEA Region Morocco’s grain harvest could go as high as 9.0 million MT in 2026, which would represent a doubling of last year’s drought-affected harvest. Rainfall is up by 34 percent over the average, while grain planting has incr...
The CBOT managed to recover from a dramatic overnight plunge with soybeans leading the fight to put values back in the green. Most of the news coming out of the weekend was bearish – between larger Russian wheat crop projections, the advancing South American harvests, and generally favora...
Mediterranean/Middle East/North Africa/Africa – MEA Region Morocco’s grain harvest could go as high as 9.0 million MT in 2026, which would represent a doubling of last year’s drought-affected harvest. Rainfall is up by 34 percent over the average, while grain planting has incr...
The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...
There was both a lot and not much going on this Friday the 13th in November. The fundamentals are unchanged, but some riskier positions were neutralized and some profits taken ahead of the long weekend, with the federal holiday closing down futures markets on Monday. Volume was generally lower,...
In observance of Presidents’ Day, both the CME/CBOT and our offices will be closed on Monday, 16 February. The next edition of Ag Perspectives will be published on Tuesday, 17 February...
Mar 26 Corn closed at $4.3175/bushel, up $0.005 from yesterday's close. Mar 26 Wheat closed at $5.4875/bushel, down $0.0375 from yesterday's close. Mar 26 Soybeans closed at $11.33/bushel, down $0.0425 from yesterday's close. Mar 26 Soymeal closed at $309.2/short ton, up $1.3...
Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 percent at the beginning of the year to 13 percent by year-end. It then spiked in April and May, when tariffs on Chinese goods were raised by 125 percentage points, before being reversed by 115 percentage points...
Heading into the USDA’s annual Ag Outlook Forum (AOF) next week, there is heightened speculation and anticipation about what the 2026/27 crop outlook will be. WPI updated our acreage forecasting models to help clients know what to expect—most likely—from the upcoming AOF forec...
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