World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for December 27, 2024 – January 2, 2025. Wheat: Net sales of 111,300 metric tons (MT) for 2024/2025--a marketing-year low--were down 21 percent from the previous week and 70 percent from the prior 4-week average. Export shipments of 414,300 MT were up 9 percent from the previous week and 22 percent from the prior 4-week average. The destinations were primarily to Mexico (149,500 MT), South Korea (67,100 MT), Nigeria (60,700 MT), the Philippines (35,300 MT), and Indonesia (22,000 MT).   Corn: Net sales of 445,000 MT for 2024/2025--a marketing-year low--were down 43 percent from the previous week and 61 percent from the prior 4-week average. Export shipments of 863,700 MT were down 14 percent from the...

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feed-grains soy-oilseeds wheat

Market Commentary: More Wheat Weather Premium, but Weakness Elsewhere

There was generally modest volume today, with the exception of wheat, which was also uniquely higher on the day. New highs for the calendar year were printed in HRW as the fledgling crop is about to have the double-whammy of freezing temperatures added to drought as the welcoming committee for...

livestock

Livestock Roundup: Cattle on Feed Preview

USDA’s monthly cattle on feed report for 1 April will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 99.3 percent of last year. Those estimates imply an on-feed inventory of 11.6 million head. The big line item to watch agai...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.485/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.985/bushel, up $0.0475 from yesterday's close.  May 26 Soybeans closed at $11.6375/bushel, down $0.0325 from yesterday's close.  May 26 Soymeal closed at $332.7/short ton, down $1...

feed-grains soy-oilseeds wheat

Market Commentary: More Wheat Weather Premium, but Weakness Elsewhere

There was generally modest volume today, with the exception of wheat, which was also uniquely higher on the day. New highs for the calendar year were printed in HRW as the fledgling crop is about to have the double-whammy of freezing temperatures added to drought as the welcoming committee for...

livestock

Livestock Roundup: Cattle on Feed Preview

USDA’s monthly cattle on feed report for 1 April will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 99.3 percent of last year. Those estimates imply an on-feed inventory of 11.6 million head. The big line item to watch agai...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.485/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.985/bushel, up $0.0475 from yesterday's close.  May 26 Soybeans closed at $11.6375/bushel, down $0.0325 from yesterday's close.  May 26 Soymeal closed at $332.7/short ton, down $1...

Transportation Perspectives - 16 April

WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscr...

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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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