World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Weather forecasts run yesterday afternoon and evening continue to show a drying trend across the Corn Belt, which led futures lower overnight. The worst of the planting-delaying weather seems to be over, and fresh forecasts are broadly encouraging. Overnight pressure also came from news that hog producers in the Southeast U.S. are importing South American corn as FOB NOLA prices now exceed FOB Paranagua, Brazil offers by $13/MT for June delivery. The day’s trend at the CBOT was lower as the weather should allow fieldwork to pick up significantly. Rumors have been circulating that farmers have made good planting progress so far this week and should continue to do so into the weekend. If farmers can get a crop into the ground, the mark...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 6-12, 2026.  Wheat: Net sales of 288,000 metric tons (MT) for 2025/2026 were down 41 percent from the previous week and 44 percent from the prior 4-week average. Export shipments of 322,600 MT were down 44 percent from the previous week and 26 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Outside Market Noise, but Fundamentals Prevail

Overall economic data released earlier on Friday presented a mixed picture, and that was followed by a long-expected court ruling on Trump tariffs. This week had lots of geopolitical uncertainties, from a U.S. military buildup in the Middle East to peace talks between Russia and Ukraine going s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, up $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, up $0.135 from yesterday's close.  Mar 26 Soybeans closed at $11.375/bushel, down $0.035 from yesterday's close.  Mar 26 Soymeal closed at $309.8/short ton, up $5 from...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 6-12, 2026.  Wheat: Net sales of 288,000 metric tons (MT) for 2025/2026 were down 41 percent from the previous week and 44 percent from the prior 4-week average. Export shipments of 322,600 MT were down 44 percent from the previous week and 26 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Outside Market Noise, but Fundamentals Prevail

Overall economic data released earlier on Friday presented a mixed picture, and that was followed by a long-expected court ruling on Trump tariffs. This week had lots of geopolitical uncertainties, from a U.S. military buildup in the Middle East to peace talks between Russia and Ukraine going s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, up $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, up $0.135 from yesterday's close.  Mar 26 Soybeans closed at $11.375/bushel, down $0.035 from yesterday's close.  Mar 26 Soymeal closed at $309.8/short ton, up $5 from...

livestock

IEEPA Tariffs Struck Down, Outlook for Livestock and Poultry

The U.S. Department of Agriculture (USDA) Agricultural Outlook Forum is taking place this week, covering key agricultural topics, unveiling the 10-year long-term baseline forecast, and providing commodity outlook updates. Further, the U.S. Supreme Court struck down the International Emergency E...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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