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

Market Commentary: General Equilibrium with Weather and War

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feed-grains soy-oilseeds wheat

2026 Outlook: Market Home Runs Unlikely, Use Risk Management to Stay at Bat This Year

With the spring planting effort just around the corner, producers and traders are starting to get a handle on the outlook for the coming marketing year. That outlook suffered a bit of a shock following the January WASDE report, as USDA reiterated the large-supply narrative for U.S. and world gr...

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Livestock Roundup: Cattle on Feed Preview

USDA’s monthly Cattle on Feed report for January will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 96.8 percent of last year, with the range of estimates between 96 and 97.6 percent of 1 January 2024. Those estimates imply...

feed-grains soy-oilseeds wheat

Market Commentary: General Equilibrium with Weather and War

Outside markets continued their reversal higher following the rescission of President Trump’s tariff threats against Europe. Ukraine’s grain exports are stymied by Russian attacks, with both sides seemingly inching forward on talks, but a survey of former diplomats shows 80 percent...

feed-grains soy-oilseeds wheat

2026 Outlook: Market Home Runs Unlikely, Use Risk Management to Stay at Bat This Year

With the spring planting effort just around the corner, producers and traders are starting to get a handle on the outlook for the coming marketing year. That outlook suffered a bit of a shock following the January WASDE report, as USDA reiterated the large-supply narrative for U.S. and world gr...

livestock

Livestock Roundup: Cattle on Feed Preview

USDA’s monthly Cattle on Feed report for January will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 96.8 percent of last year, with the range of estimates between 96 and 97.6 percent of 1 January 2024. Those estimates imply...

Transportation and Export Report - January 22, 2026

WPI is pleased to release the third week of the Transportation and Export Report, a weekly industry publication previously produced by ocean freight specialist Jay O’Neil. This report, which WPI recently acquired, will strengthen WPI’s coverage of global ocean freight markets by bui...

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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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