World Perspectives
livestock

Cattle on Feed - March 2025

U.S. Cattle on Feed in U.S. feedlots with capacity of 1,000 or more head was 11.6 million head on March 1, 2025. The inventory was 2 percent below March 1, 2024.  Placements in feedlots during February totaled 1.55 million head, 18 percent below 2024.  Marketings of fed cattle during February totaled 1.63 million head, 9 percent below 2024.  Other disappearance totaled 60,000 head during February, 7 percent above 2024.  ...

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Market Commentary: Soyoil Locks Limit Up Again; Wheat, Corn Fall; New Highs for Hogs

Soyoil remained the star of the CBOT on Monday and locked limit-up for the second day following the surprisingly bullish EPA RVO mandates released Friday. That carried soybeans and ICE canola futures higher – along with other vegoil markets – for the day, but soybean and soyoil were...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.3475/bushel, down $0.0975 from yesterday's close.  Jul 25 Wheat closed at $5.365/bushel, down $0.0725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0 from yesterday's close.  Jul 25 Soymeal closed at $283.7/short ton, down $8.2 f...

soy-oilseeds biofuel

Proposed RVOs: Record Levels of Biomass Based Diesel

On Friday, the EPA announced a proposed rule to establish required Renewable Fuel Standard volumes obligations, known as the required volume obligations (RVOs) and the percentage standards for 2026 and 2027. The announcement also partially waived the 2025 cellulosic biofuel volume requirement a...

feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Locks Limit Up Again; Wheat, Corn Fall; New Highs for Hogs

Soyoil remained the star of the CBOT on Monday and locked limit-up for the second day following the surprisingly bullish EPA RVO mandates released Friday. That carried soybeans and ICE canola futures higher – along with other vegoil markets – for the day, but soybean and soyoil were...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.3475/bushel, down $0.0975 from yesterday's close.  Jul 25 Wheat closed at $5.365/bushel, down $0.0725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0 from yesterday's close.  Jul 25 Soymeal closed at $283.7/short ton, down $8.2 f...

soy-oilseeds biofuel

Proposed RVOs: Record Levels of Biomass Based Diesel

On Friday, the EPA announced a proposed rule to establish required Renewable Fuel Standard volumes obligations, known as the required volume obligations (RVOs) and the percentage standards for 2026 and 2027. The announcement also partially waived the 2025 cellulosic biofuel volume requirement a...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 June)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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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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