World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Crop Conditions Plunge Lower; Futures Mixed to Start Week; Record Cow-Calf Returns Forecast

The CBOT was mixed to start the week with traders waiting to see what USDA’s Crop Conditions report would show. Row crops featured two-sided trade after weekend rains brought some relief to many parts of the Midwest but skipped most of Illinois and Missouri. The forecast is gradually shifting to feature wetter weather for the Midwest, but there is great skepticism about this until the rains materialize. Funds were slight net buyers for the day and most of that activity was concentrated in the soy complex, but corn and KCBT wheat also moved higher on fund buying. The market now faces a significant challenge; how to balance terrible crop conditions ratings and the current drought against forecasts of improving conditions. While traders...

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FOB Prices and Freight Rates App (Updated 15 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

livestock

Livestock Industry Margins

Beef packer margins fell for the fifth straight week and remained in negative territory for the second week in a row. Margins are estimated at -$118/head, pressured by a modest dip in the Choice cutout and a $3 increase in fed cattle prices. The drop credit also weakened for the sixth consecuti...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Grains; Soybeans Sag; New Highs for Cattle

Corn and wheat found technical support Tuesday that created turnarounds on their respective charts and, in the case of wheat, formed bullish key reversals. News of smaller corn yields in the Midwest and strong export sales performance last week helped boost corn and wheat values following Monda...

FOB Prices and Freight Rates App (Updated 15 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

livestock

Livestock Industry Margins

Beef packer margins fell for the fifth straight week and remained in negative territory for the second week in a row. Margins are estimated at -$118/head, pressured by a modest dip in the Choice cutout and a $3 increase in fed cattle prices. The drop credit also weakened for the sixth consecuti...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Grains; Soybeans Sag; New Highs for Cattle

Corn and wheat found technical support Tuesday that created turnarounds on their respective charts and, in the case of wheat, formed bullish key reversals. News of smaller corn yields in the Midwest and strong export sales performance last week helped boost corn and wheat values following Monda...

livestock

The Strange Effects of Screwworm

For the first six months of 2025, cattle imports from Mexico are down 73.1 percent due to restrictions from the discovery of New World Screwworm (NWS) in Mexico. From January to July 2024 there were 853,976 head imported into the U.S. from Mexico, but in 2025 that volume over the same time peri...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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