World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Crop Progress Data Pressures CBOT; Hogs Collapse on Demand Worries

The CBOT was once again mostly lower with traders shedding position length and getting short as U.S. farmers make solid strides seeding the 2024 crop. There are certainly some areas of concern and potential for some acres to be planted to soybeans at the last minute, but the overall outlook is favorable and suggests a relatively worry-free start to the growing season. Corn and wheat were lower on improved weather outlooks for the U.S. and abroad, while the soy complex saw pressure from the Crop Progress data and weaker energy markets. Prices are starting to approach key psychological or technical levels in nearly every ag futures market, which makes technical factors and developments more important for the near-term outlook.  With fiv...

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livestock

Cattle on Feed - Feb 1, 2026

U.S. Cattle on Feed in feedlots totaled 11.5 million head on February 1, 2026 - 2 percent below Feb 1, 2025.  Placements in feedlots during January totaled 1.74 million head, 5 percent below 2025.  Marketings during January totaled 1.63 million head, 13 percent below 2025.   ...

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...

livestock

Cattle on Feed - Feb 1, 2026

U.S. Cattle on Feed in feedlots totaled 11.5 million head on February 1, 2026 - 2 percent below Feb 1, 2025.  Placements in feedlots during January totaled 1.74 million head, 5 percent below 2025.  Marketings during January totaled 1.63 million head, 13 percent below 2025.   ...

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...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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