World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Export Sales, Weather Mix the Markets

Wheat was the ball and chain while corn was the balloon in today’s trading. The weekly USDA Export Sales report from USDA was notable for wheat with washouts in old crop sales leading to a marketing year low, but new crop sales going blockbuster as Guatemala, Mexico and Panama all sought coverage. There may some issue with recent Panama numbers. Corn was a bright spot with old crop sales higher and exports above the prior four-week average. Corn sales are up 25 percent over the prior year, but actual exports will be watched in upcoming weeks for any undermining by South America. From there it was downhill for the soy complex, beef and pork, the latter hitting its marketing year low. 

  While wheat traded lower, it continu...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 13-19, 2026.  Wheat: Net sales of 397,200 metric tons (MT) for 2025/2026 were up noticeably from the previous week and up 46 percent from the prior 4-week average. Export shipments of 383,500 MT were unchanged from the previous week, but down 10 percent...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.67/bushel, down $0.0025 from yesterday's close.  May 26 Wheat closed at $6.05/bushel, up $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.7375/bushel, up $0.02 from yesterday's close.  May 26 Soymeal closed at $322.1/short ton, up $2.3 from...

livestock

Livestock Roundup: Quarterly Hogs and Pigs Report

USDA released its quarterly hogs and pigs report today. The inventory of all hogs and pigs on 1 March was 74.3 million head, up slightly from March 2025 but down 1.5 percent from 1 December. The report was in line with the previous five-year average of a decrease of 1.8 percent from December to...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 13-19, 2026.  Wheat: Net sales of 397,200 metric tons (MT) for 2025/2026 were up noticeably from the previous week and up 46 percent from the prior 4-week average. Export shipments of 383,500 MT were unchanged from the previous week, but down 10 percent...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.67/bushel, down $0.0025 from yesterday's close.  May 26 Wheat closed at $6.05/bushel, up $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.7375/bushel, up $0.02 from yesterday's close.  May 26 Soymeal closed at $322.1/short ton, up $2.3 from...

livestock

Livestock Roundup: Quarterly Hogs and Pigs Report

USDA released its quarterly hogs and pigs report today. The inventory of all hogs and pigs on 1 March was 74.3 million head, up slightly from March 2025 but down 1.5 percent from 1 December. The report was in line with the previous five-year average of a decrease of 1.8 percent from December to...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.6725/bushel, up $0.0475 from yesterday's close.  May 26 Wheat closed at $5.9775/bushel, up $0.0775 from yesterday's close.  May 26 Soybeans closed at $11.7175/bushel, up $0.1675 from yesterday's close.  May 26 Soymeal closed at $319.8/short ton, down $2.6...

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From WPI Consulting

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