World Perspectives

Market Commentary: New Month, New Trade?

Key Market Insights July is here, and the grain markets already feel like they are shifting gears. With the June USDA reports now behind us, inflation is back in the conversation, and traders are once again turning their attention to three familiar summer drivers: demand, money flow, and weathe...

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

Summary of Futures

Dec 26 Corn closed at $4.4225/bushel, up $0.0625 from yesterday's close.  Sep 26 Wheat closed at $6/bushel, up $0.1075 from yesterday's close.  Nov 26 Soybeans closed at $11.4925/bushel, up $0.055 from yesterday's close.  Dec 26 Soymeal closed at $304.7/short ton, up $1.6 from ye...

feed-grains soy-oilseeds livestock

Ethanol and Biodiesel Margins

What You Need To Know Today:  Ethanol margins continue to run well above year-ago and normal seasonal values, but have slipped in recent weeks on weaker DDGS and ethanol pricing. WPI’s models project a steady decrease in returns to ethanol production following the end of the summer...

feed-grains soy-oilseeds wheat

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...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.4225/bushel, up $0.0625 from yesterday's close.  Sep 26 Wheat closed at $6/bushel, up $0.1075 from yesterday's close.  Nov 26 Soybeans closed at $11.4925/bushel, up $0.055 from yesterday's close.  Dec 26 Soymeal closed at $304.7/short ton, up $1.6 from ye...

feed-grains soy-oilseeds livestock

Ethanol and Biodiesel Margins

What You Need To Know Today:  Ethanol margins continue to run well above year-ago and normal seasonal values, but have slipped in recent weeks on weaker DDGS and ethanol pricing. WPI’s models project a steady decrease in returns to ethanol production following the end of the summer...

feed-grains soy-oilseeds wheat

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...

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 “...

Poultry’s Cost Effectiveness and Versatility Fueling Consumption Growth

Key Takeaways: Poultry is the fastest-growing major animal protein, supported by lower production costs, affordability, and broad consumer appeal. Broilers are the most feed-efficient major livestock species, giving chicken a lasting cost advantage over beef and pork. Short production cycles a...

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 “...

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...

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,...

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...

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