World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for August 9-15, 2024. Wheat:  Net sales of 492,700 metric tons (MT) for 2024/2025 were up 45 percent from the previous week and 63 percent from the prior 4-week average. Export shipments of 470,200 MT were down 6 percent from the previous week, but up 9 percent from the prior 4-week average. The destinations were primarily to Indonesia (131,900 MT), Mexico (87,800 MT), Japan (86,900 MT), the Philippines (66,000 MT), and Chile (53,400 MT). Corn:  Net sales of 119,100 MT for 2023/2024--a marketing-year low--were down 1 percent from the previous week and 57 percent from the prior 4-week average. Export shipments of 1,155,900 MT were up 12 percent from the previous week and 1 percent from the prior 4-week...

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feed-grains soy-oilseeds wheat

China Market Analysis

Grain Utilization Grain market prices have been cooling of late due to the prospects of a large South American crop, but China is also cited as an influence. Sinograin has been auctioning soybeans and it may also be releasing some of its reserves of corn into the market. Corn and wheat are bein...

feed-grains soy-oilseeds wheat

Market Commentary: South American Weather, Profit Tanking Sink CBOT

Grains and oilseeds nearly all traded lower to start the week with profit taking driving most of the action as the CBOT enters another holiday-shortened week. The only market to finish higher was soyoil, where a geopolitical tension driving bounce in crude oil helped support the vegoil. Improve...

feed-grains soy-oilseeds wheat

Grinch Close for 2025

According to stock market statisticians, the S&P 500 stock index historically makes an average of 1.3 to 1.4 percent gains during the last five days of December and the first two days of January. The so-called Santa Clause rally has happened nearly 80 percent of the time, with analysts attr...

feed-grains soy-oilseeds wheat

China Market Analysis

Grain Utilization Grain market prices have been cooling of late due to the prospects of a large South American crop, but China is also cited as an influence. Sinograin has been auctioning soybeans and it may also be releasing some of its reserves of corn into the market. Corn and wheat are bein...

feed-grains soy-oilseeds wheat

Market Commentary: South American Weather, Profit Tanking Sink CBOT

Grains and oilseeds nearly all traded lower to start the week with profit taking driving most of the action as the CBOT enters another holiday-shortened week. The only market to finish higher was soyoil, where a geopolitical tension driving bounce in crude oil helped support the vegoil. Improve...

feed-grains soy-oilseeds wheat

Grinch Close for 2025

According to stock market statisticians, the S&P 500 stock index historically makes an average of 1.3 to 1.4 percent gains during the last five days of December and the first two days of January. The so-called Santa Clause rally has happened nearly 80 percent of the time, with analysts attr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4225/bushel, down $0.0775 from yesterday's close.  Mar 26 Wheat closed at $5.13/bushel, down $0.06 from yesterday's close.  Mar 26 Soybeans closed at $10.635/bushel, down $0.09 from yesterday's close.  Mar 26 Soymeal closed at $303.3/short ton, down $4.1...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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