World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Big Day for USDA Data; Grains Rise While Soy Suffers

The big news in commodity markets Monday was the release of USDA’s Prospective Plantings and Grain Stocks reports, the former of which offered the agency’s first detailed assessment of 2025 acreage. The report featured the expected increase in corn area and decrease in soybean plantings, though as discussed further below, the acreage swings were larger than expected. The stocks report was a little less exciting and came in mostly as expected, except for larger wheat supplies that will likely pressure old crop stocks moving forward. The reaction to the reports was somewhat muted for corn and the soy complex, indicating traders had already accounted for these and slightly larger acreage swings. The rally in wheat, however, indicat...

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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...

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...

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...

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...

feed-grains soy-oilseeds wheat

Market Commentary: Pushing Toward New Lows on Bearish Supplies

There was higher volume today trading corn and hogs, and lower volume in the soy complex and SRW.  New contract lows were printed for corn, SRW, and HRW.  Yesterday’s crop progress report reflected potentially stellar crops and yield estimates from private analysts continue to p...

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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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