World Perspectives

Black Sea Regional Analysis

Russian Grain Markets: 22-26 June 2026 The Russian grain market remained volatile during the week as farmers continued to hold old-crop supplies while new-crop availability remained limited. The ruble weakened nearly 5 percent against the U.S. dollar during the week, supporting domestic grain p...

Today’s Top insights
feed-grains soy-oilseeds wheat

Summary of Futures

Sep 26 Corn closed at $4.1675/bushel, up $0.065 from yesterday's close.  Sep 26 Wheat closed at $5.8925/bushel, up $0.095 from yesterday's close.  Nov 26 Soybeans closed at $11.4375/bushel, up $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $304.7/short ton, up $0 from...

feed-grains soy-oilseeds wheat

Market Commentary: Acreage, Stocks Surprises Send Corn, Wheat Higher; Fund Selling Likely to Subside

What You Need to Know Today: The surprises from the USDA’s Acreage report were a sharp reduction in winter wheat area from the March Prospective Plantings estimates and a larger-than-expected increase in corn area. The Grain Stocks report offered relatively few surprises, but quarterly d...

farm-inputs

Trump Suspends Phosphate CVDs

On Monday, the Trump Administration suspended the countervailing duties (CVDs) on phosphate fertilizer imports from Morocco via Executive Order. The CVDs were imposed in 2021 by the Biden Administration and were subject to a routine five-year sunset review. According to the Agricultural and Foo...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 26 Corn closed at $4.1675/bushel, up $0.065 from yesterday's close.  Sep 26 Wheat closed at $5.8925/bushel, up $0.095 from yesterday's close.  Nov 26 Soybeans closed at $11.4375/bushel, up $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $304.7/short ton, up $0 from...

feed-grains soy-oilseeds wheat

Market Commentary: Acreage, Stocks Surprises Send Corn, Wheat Higher; Fund Selling Likely to Subside

What You Need to Know Today: The surprises from the USDA’s Acreage report were a sharp reduction in winter wheat area from the March Prospective Plantings estimates and a larger-than-expected increase in corn area. The Grain Stocks report offered relatively few surprises, but quarterly d...

farm-inputs

Trump Suspends Phosphate CVDs

On Monday, the Trump Administration suspended the countervailing duties (CVDs) on phosphate fertilizer imports from Morocco via Executive Order. The CVDs were imposed in 2021 by the Biden Administration and were subject to a routine five-year sunset review. According to the Agricultural and Foo...

soy-oilseeds livestock biofuel

High Oleic Soybeans: Premium Demand Growing, But Adoption Remains Limited

Key Takeaways: High oleic soybeans produce oil containing 70–80 percent oleic acid, improving stability and eliminating the need for partial hydrogenation, which eliminates trans fats. There are three primary varieties of high oleic soybeans available commercially: Plenish, Vistive Gold,...

FOB Prices and Freight Rates App (Updated 1 July)

WPI Grain Prices and Freight Rate App   Note: you can also visit the app directly by clicking here.   Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...

soy-oilseeds livestock biofuel

High Oleic Soybeans: Premium Demand Growing, But Adoption Remains Limited

Key Takeaways: High oleic soybeans produce oil containing 70–80 percent oleic acid, improving stability and eliminating the need for partial hydrogenation, which eliminates trans fats. There are three primary varieties of high oleic soybeans available commercially: Plenish, Vistive Gold,...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Oman Flour Mills has begun its 2026 purchases of locally produced wheat. The mill runs a government-supported program that it says strengthens the country’s food supply. The program is said to “improve farming practice...

livestock

Livestock Industry Margins

Beef packer margins deteriorated to -$261/head last week, down $19 from the prior week as weaker beef values (especially the Choice cutout) were offset by firmer fed cattle prices, which further compressed packer profits. The cutout slipped to $387/cwt while fed cattle prices held above $259/cw...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 26 Corn closed at $4.02/bushel, down $0.1075 from yesterday's close.  Sep 26 Wheat closed at $5.7975/bushel, down $0.1 from yesterday's close.  Nov 26 Soybeans closed at $11.39/bushel, down $0.1725 from yesterday's close.  Jul 26 Soymeal closed at $304.7/short ton, down $2.3...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Downside Risks Rise as Funds Pad Bearish Bets, Corn Hits New Lows

What You Need to Know Today: The U.S. and Iran reportedly agreed to pause hostilities to allow vessels to transit the Strait of Hormuz this week (theoretically, at least). There were some rumors of a possible Chinese blockade against Taiwan. Analysts are looking for the largest U.S. 1 June cor...

livestock

Senate Farm Bill, Prop 12, and NWS Update

Proposition 12: The National Pork Producers Council (NPPC) has advocated for a fix to Proposition 12, the California animal welfare law, in the Senate farm bill. The House version of the farm bill included a fix, but the Senate bill, based on the discussion draft released by Chairman John Boozm...

soy-oilseeds biofuel energy

Indonesia’s B50 Mandate Reshapes Global Vegetable Oil Markets

Key Takeaways: Indonesia will raise its biodiesel mandate from B40 to B50 on 1 July, increasing palm oil–based diesel blending to 50 percent. The policy supports domestic palm oil demand and reduces reliance on imported diesel. Indonesia’s biodiesel program has steadily expanded si...

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