World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Bears Win Again, but Crush Report Buoys Soybeans

Bears were in control of the CBOT for the second straight day with very few bullish news items seeming to exist on the horizon. Between improving weather forecasts for the Northern Hemisphere, lower threat of a La Nina this year, strong harvest progress in the U.S., large crop forecasts for Brazil, and low water levels in the Mississippi River that could start to restrict export shipments, there were few reasons for bulls to push prices higher. The one reason that did emerge Tuesday, however, was the NOPA crush report, which highlighted stronger-than-expected soybean demand from the industry. Funds were still strong net sellers across the major ag markets and the sentiment in Chicago has shifted decidedly bearish in the past two weeks. ...

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feed-grains

WASDE Corn - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. corn is for larger production, higher feed and residual use, reduced food, seed, and industrial use, and greater ending stocks. Corn production is estimated at 17.0 billion bushels, up 269 million on a 0.5-bushel increase in yield to 186.5 bushels per...

wheat

WASDE Wheat - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. wheat left exports are unchanged at 900 million bushels. Projected U.S. wheat ending stocks were raised 25 million bushels to 926 million, up 8 percent from the previous year. The season-average farm price is lowered $0.10 per bushel to $4.90.  Th...

soy-oilseeds

WASDE Soybeans - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. soybeans is increased by 17 million bushels on higher beginning stocks and production. Soybean crush for 2025/26 is raised 15 million bushels to 2.57 billion bushels on higher soybean meal domestic disappearance and exports. Soybean meal and soybean oi...

feed-grains

WASDE Corn - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. corn is for larger production, higher feed and residual use, reduced food, seed, and industrial use, and greater ending stocks. Corn production is estimated at 17.0 billion bushels, up 269 million on a 0.5-bushel increase in yield to 186.5 bushels per...

wheat

WASDE Wheat - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. wheat left exports are unchanged at 900 million bushels. Projected U.S. wheat ending stocks were raised 25 million bushels to 926 million, up 8 percent from the previous year. The season-average farm price is lowered $0.10 per bushel to $4.90.  Th...

soy-oilseeds

WASDE Soybeans - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. soybeans is increased by 17 million bushels on higher beginning stocks and production. Soybean crush for 2025/26 is raised 15 million bushels to 2.57 billion bushels on higher soybean meal domestic disappearance and exports. Soybean meal and soybean oi...

feed-grains soy-oilseeds

Mercosure Regional Analysis

CORN Corn planting progress has reached nearly 90 percent of projected area. Almost 70 percent of the corn crops is going through the critical growth stage. Crops are beginning to experience a lack of wáter after many days of intense heat and wind. , Fields are starting to appear stresed...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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