World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The markets found early, overnight strength after initial corn harvest results from parts of Indiana, Illinois, and Iowa showed areas where yields were 40 percent lower than 2018. Additional support came from confirmation that the cancelation of Chinese trade delegate visits to American farms last week was not reflective of poor negotiating progress. The trade-positive news put a bid under the soybean market especially, which finished the overnight session 13 ¾ cents higher (basis November futures).  The day session featured mostly higher prices, except for winter wheat and soyoil which came under pressure. Livestock futures benefitted from the bullish cattle on feed report while spring wheat futures continued to climb higher...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day Awaiting New Inputs

There were few fundamental inputs, but today’s agricultural futures markets established new contract lows for corn, SRW and HRS. There was a new contract high for feeder cattle.   The market has received new private sector crop estimates and next comes crop tours and the August...

VAT Versus Trump Tariffs; MAHA Win?

VAT versus Trump Tariffs Most imports into the U.S. will face an average 15 tariff under Trump trade policy. Critics and news reports warned of disastrous impacts that have thus far failed to develop. This may be due to their relative context. Most countries apply tariffs such as the EU’s...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.0125/bushel, down $0.0075 from yesterday's close.  Sep 25 Wheat closed at $5.085/bushel, up $0.0025 from yesterday's close.  Nov 25 Soybeans closed at $9.845/bushel, down $0.0625 from yesterday's close.  Dec 25 Soymeal closed at $281.3/short ton, down $3...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day Awaiting New Inputs

There were few fundamental inputs, but today’s agricultural futures markets established new contract lows for corn, SRW and HRS. There was a new contract high for feeder cattle.   The market has received new private sector crop estimates and next comes crop tours and the August...

VAT Versus Trump Tariffs; MAHA Win?

VAT versus Trump Tariffs Most imports into the U.S. will face an average 15 tariff under Trump trade policy. Critics and news reports warned of disastrous impacts that have thus far failed to develop. This may be due to their relative context. Most countries apply tariffs such as the EU’s...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.0125/bushel, down $0.0075 from yesterday's close.  Sep 25 Wheat closed at $5.085/bushel, up $0.0025 from yesterday's close.  Nov 25 Soybeans closed at $9.845/bushel, down $0.0625 from yesterday's close.  Dec 25 Soymeal closed at $281.3/short ton, down $3...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 28 July – 1 August 2025 The harmonizing of July old crop and new crop pricing is coming to an end. As harvesting continues with a delay, prices are volatile depending on the region. Delayed harvest often causes bullish sentiments in some individual regions but press...

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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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