World Perspectives
feed-grains soy-oilseeds wheat

Another USDA Report, No Surprises Likely

The November WASDE report may be overshadowed by the election results but important international production revisions are possible. Dry weather in South America and Europe...Wednesday’s USDA reports will be mostly obscured by tomorrow’s presidential election results, but the reports will be released anyway. The U.S. corn and soybean yields and crop production estimates will be updated as will world production estimates and, lastly, the WASDE numbers will be revised. Remember, because there are no yield or production revisions in the December WASDE, the coming November estimates are “it” until we get the “final” production estimates on 12 January, 2017.The market’s opinion since the October report is that the USDA will most likely reduce th...

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feed-grains soy-oilseeds wheat

Market Commentary: USDA Surprises; Market Marches Its Own Beat

While there was some red flashing early in today’s trading session, by the close all major grain and oilseed contracts were in the green. Ahead of USDA’s September WASDE report, the trade was focused on yield cuts, which had also been the principal output of various private sector c...

wheat

WASDE Soybeans - Sep 2025

Soybeans – USDA’s Sep 2025 outlook is for higher U.S. ending stocks to 300 million bushels, up 10 million from last month. The U.S. seasonal average soybean price is forecast at $10.00 per bushel, down $0.10 from last month. The soybean meal and the soybean oil prices are unchanged...

feed-grains

WASDE Corn - Sep 2025

Corn – USDA’s Sep 2025 outlook is for greater supplies, larger exports, and a slight reduction in ending stocks by 7 million bushels to 2.1 billion. The seasonal average price for corn received by producers is unchanged at $3.90 per bushel. World corn ending stocks are down 1.1 mill...

feed-grains soy-oilseeds wheat

Market Commentary: USDA Surprises; Market Marches Its Own Beat

While there was some red flashing early in today’s trading session, by the close all major grain and oilseed contracts were in the green. Ahead of USDA’s September WASDE report, the trade was focused on yield cuts, which had also been the principal output of various private sector c...

wheat

WASDE Soybeans - Sep 2025

Soybeans – USDA’s Sep 2025 outlook is for higher U.S. ending stocks to 300 million bushels, up 10 million from last month. The U.S. seasonal average soybean price is forecast at $10.00 per bushel, down $0.10 from last month. The soybean meal and the soybean oil prices are unchanged...

feed-grains

WASDE Corn - Sep 2025

Corn – USDA’s Sep 2025 outlook is for greater supplies, larger exports, and a slight reduction in ending stocks by 7 million bushels to 2.1 billion. The seasonal average price for corn received by producers is unchanged at $3.90 per bushel. World corn ending stocks are down 1.1 mill...

wheat

WASDE Wheat - Sep 2025

Wheat - USDA’s Sep 2025 outlook is for U.S. total wheat exports to increase by 25 million bushels to 900 million. That reduced ending stocks by 25 million bushels to 844 million - slightly less than last year. The projected 2025/26 seasonal average farm price is reduced by $0.20 per bushe...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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