World Perspectives
feed-grains

Am Outlook - Notable Stories

GOOD MORNING, Prices were mixed in the evening, higher for beans and soyoil with corn struggling and all turning in the red by the AM hour.  Soyoil prices are proceeding with caution as some expect an EPA story about biofuels.  The rumors are that the EPA may finally release two years’ worth of mandates today.  The corn market was able to shrug off biofuel concerns, as it may have little bearing on E-10 blending, which accounts for most of ethanol usage in the US.  It will have a larger impact on RIN prices. Tonight’s Commitment-of-Traders report will probably find funds short wheat and meal, and thus the short-covering in the wheat market continues.  Active global tenders and questions about Russia&rs...

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soy-oilseeds

WASDE Soybeans - Mar 2026

USDA’s outlook for 2025/26 U.S. soybeans had increased imports and crush, but ending stocks remained unchanged from last month.  The average annual soybean price is projected unchanged at $10.20 per bushel. The soybean meal price is increased by $5 per short ton to $300. The soybean...

feed-grains

WASDE Corn - Mar 2026

USDA’s outlook for 2025/26 U.S. corn outlook is unchanged from last month. Global corn ending stocks increased by 3.8 million metric tons to 292.8 million. The season-average corn price received by U.S. producers is unchanged at $4.10 per bushel...

wheat

WASDE Wheat - Mar 2026

USDA’s outlook for 2025/26 U.S. wheat supply and use categories are unchanged from last month. Global supplies increased modestly by 0.2 million tons to 1,101.8 million and global ending stocks remain at a 5-year high. The result is that the average U.S. farm price is adjusted up modestly...

soy-oilseeds

WASDE Soybeans - Mar 2026

USDA’s outlook for 2025/26 U.S. soybeans had increased imports and crush, but ending stocks remained unchanged from last month.  The average annual soybean price is projected unchanged at $10.20 per bushel. The soybean meal price is increased by $5 per short ton to $300. The soybean...

feed-grains

WASDE Corn - Mar 2026

USDA’s outlook for 2025/26 U.S. corn outlook is unchanged from last month. Global corn ending stocks increased by 3.8 million metric tons to 292.8 million. The season-average corn price received by U.S. producers is unchanged at $4.10 per bushel...

wheat

WASDE Wheat - Mar 2026

USDA’s outlook for 2025/26 U.S. wheat supply and use categories are unchanged from last month. Global supplies increased modestly by 0.2 million tons to 1,101.8 million and global ending stocks remain at a 5-year high. The result is that the average U.S. farm price is adjusted up modestly...

feed-grains soy-oilseeds wheat

Market Commentary: Easing But Not Ending Novelty and Risk

There were more modest volumes trading in today’s session, perhaps reflecting growing resilience and circumspection about geopolitical uncertainties. The trade has had an ample opportunity to react to the modest changes in USDA’s March WASDE report, and there is still plenty of expe...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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