World Perspectives

Policy Quick Hits: Mexico, Ad Hoc Farm Assistance, Ultra-Processed Foods

Mexico Trade Deal The Trump Administration is looking for a win before the November midterm elections, now just five weeks away, especially as trade relations with Canada worsen and there is now a truce with China. The U.S. has made it clear to Mexican officials that it wants a deal with Mexico...

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

Summary of Futures

Dec 26 Corn closed at $5.23/bushel, down $0.0525 from yesterday's close.  Dec 26 Wheat closed at $6.8875/bushel, down $0.145 from yesterday's close.  Nov 26 Soybeans closed at $12.8825/bushel, down $0.3075 from yesterday's close.  Dec 26 Soymeal closed at $359.4/short ton, down $...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat Argentina Wheat crop conditions remain broadly favorable despite a week marked by frost and localized hailstorms. Currently, 94.6 percent of the crop is rated Normal to Excellent. The most severe storms were reported in central-northern Córdoba and central-eastern Entre Ríos...

feed-grains soy-oilseeds wheat

Market Commentary: U.S.-China Talks Leave Markets Waiting for More

What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $5.23/bushel, down $0.0525 from yesterday's close.  Dec 26 Wheat closed at $6.8875/bushel, down $0.145 from yesterday's close.  Nov 26 Soybeans closed at $12.8825/bushel, down $0.3075 from yesterday's close.  Dec 26 Soymeal closed at $359.4/short ton, down $...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat Argentina Wheat crop conditions remain broadly favorable despite a week marked by frost and localized hailstorms. Currently, 94.6 percent of the crop is rated Normal to Excellent. The most severe storms were reported in central-northern Córdoba and central-eastern Entre Ríos...

feed-grains soy-oilseeds wheat

Market Commentary: U.S.-China Talks Leave Markets Waiting for More

What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...

feed-grains livestock

Cow-Calf Market Outlook

The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...

U.S.-China Deal Delivers Tariff Relief, but Little for Soybeans

Key Takeaways: The U.S.-China agreement lowers tariffs on several U.S. agricultural products, but the lack of additional soybean commitments or greater certainty surrounding China’s existing 25 MMT purchase pledge made the deal a slight disappointment. Lower tariffs on U.S. corn are unli...

feed-grains livestock

Cow-Calf Market Outlook

The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...

biofuel farm-inputs energy

Diesel Fuel Costs, One Acre at a Time

Key Takeaways: Diesel accounts for about 64 percent of U.S. farm fuel spending. For farmers, the pressing question is what a higher price adds to each field operation. Iowa farm diesel averaged $5.50/gallon in September, compared with the $2.89/gallon Iowa State assumed for its February machin...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $5.2825/bushel, up $0.0075 from yesterday's close.  Dec 26 Wheat closed at $7.0325/bushel, down $0.0375 from yesterday's close.  Nov 26 Soybeans closed at $13.19/bushel, up $0.015 from yesterday's close.  Dec 26 Soymeal closed at $371/short ton, down $1.4 fr...

livestock

Cold Storage Report Summary and Analysis

August 2026 total red meat and poultry stocks totaled 2.01 billion pounds, down 0.5 percent from July versus the typical 0.3 percent monthly decline, but 0.9 percent above August 2025 levels. Total red meat stocks rose 0.8 percent for the month despite typically declining 0.1 percent and were 8...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a slight net seller across agricultural markets for the second straight week, selling a net 3,200 contracts through Tuesday’s reporting deadline and reducing the combined net-long position to 1.017 million contracts. Despite the modest overall selling, soybeans and soyme...

equities energy

Bad Ideas Redux

It’s often said that history doesn’t repeat itself, but it often rhymes. If only humanity could stop repeating the worst parts of our historic verse. Politicians, again at the center of this week’s follies, have found a way to make old mistakes sound new: announce them at a pr...

FOB Prices and Freight Rates App (Updated 25 September)

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 “How To”...

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