World Perspectives
feed-grains soy-oilseeds biofuel

China In-Country Analysis

Oilseeds Soymeal Inventory Declines from Week Before China’s estimated nationwide soymeal inventory totaled 938,800 MT as of 23 February, a slight increase of 3,900 MT (0.4 percent) from the beginning of the month and just 600 MT higher (+0.1 percent) than the same week in 2017. However, it was down 63,900 MT (-6.4 percent) from the start of the Chinese Lunar holiday the week before. Stocks declined across all regions with the biggest decrease in percentage terms occurring in the Northeast where inventories fell -10.5 percent or 5,000 MT to 42,500 MT. Looking ahead, the large volumes of soybeans in ports indicate that meal inventories should climb again with prices and crushing margins showing steady improvement heading into the spr...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 27 April)

Update for 6 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 ob...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds adding to net long position across the major ag futures contracts after a two week break as deteriorating negotiations in the Middle East and the emergence of weather concerns triggered risk-on buying. Funds bought 40,000 contracts (4.7 percent) to their...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 26 Corn closed at $4.6925/bushel, up $0.0575 from yesterday's close.  Jul 26 Wheat closed at $6.2975/bushel, up $0.13 from yesterday's close.  Jul 26 Soybeans closed at $11.92/bushel, up $0.135 from yesterday's close.  Jul 26 Soymeal closed at $327.8/short ton, up $8.7 from y...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 27 April)

Update for 6 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 ob...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds adding to net long position across the major ag futures contracts after a two week break as deteriorating negotiations in the Middle East and the emergence of weather concerns triggered risk-on buying. Funds bought 40,000 contracts (4.7 percent) to their...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 26 Corn closed at $4.6925/bushel, up $0.0575 from yesterday's close.  Jul 26 Wheat closed at $6.2975/bushel, up $0.13 from yesterday's close.  Jul 26 Soybeans closed at $11.92/bushel, up $0.135 from yesterday's close.  Jul 26 Soymeal closed at $327.8/short ton, up $8.7 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Markets’ Two Key Factors Increasingly Bullish

The big picture for commodity markets is that imperfect weather and the lack of a peace deal in the Middle East are mandating that traders keep risk premia in prices. All other developments in ag futures stem in some way from these two factors, though the details of how, exactly, these factors...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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