World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

For now, grain and soy markets are mainly about the ongoing trade talks with China, its purchases of soybeans and possibly grain, and South American weather. Even if one gives a bullish interpretation to all these factors, though, futures prices cannot go up forever. The soybean market discovered that today. Overnight trading found soybean prices slightly higher as were wheat and corn prices. However, after gaining more than 45 cents during the last several days, the soybean market was due for a pause, and that is what it got during the day session. As momentum seemed to peak at around $9.26 basis March soybeans, funds turned sellers to help soybean prices trade lower for the day before closing down mostly 5-6 cents. China is seen as havin...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed to Lower on Safety Ahead of the Long Weekend

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President's Day

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3175/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.4875/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $11.33/bushel, down $0.0425 from yesterday's close.  Mar 26 Soymeal closed at $309.2/short ton, up $1.3...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed to Lower on Safety Ahead of the Long Weekend

There was both a lot and not much going on this Friday the 13th in November. The fundamentals are unchanged, but some riskier positions were neutralized and some profits taken ahead of the long weekend, with the federal holiday closing down futures markets on Monday. Volume was generally lower,...

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In observance of Presidents’ Day, both the CME/CBOT and our offices will be closed on Monday, 16 February. The next edition of Ag Perspectives will be published on Tuesday, 17 February...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3175/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.4875/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $11.33/bushel, down $0.0425 from yesterday's close.  Mar 26 Soymeal closed at $309.2/short ton, up $1.3...

Who is Paying for U.S. Tariffs?

Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 percent at the beginning of the year to 13 percent by year-end. It then spiked in April and May, when tariffs on Chinese goods were raised by 125 percentage points, before being reversed by 115 percentage points...

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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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