World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Give Us Our Daily Brake

Futures took a weather break today. The rain slated for Argentina and southern Brazil this weekend doesn’t appear monumental, but something is better than nothing, and something is all it takes to put brakes on a borderline market. The day’s trading closely tracked the overnight, with red showing across the board. USDA’s Export Sales report had mixed impacts. Wheat sales were bullishly above the prior week, and above the prior four-week average. Corn sales rebounded from last week, matching the prior four-week average, and shipments at 1,148,300 were a marketing year high. Soybean sales rebounded from the woefully disappointing prior week but were still down from the prior four-week average. Soymeal export sales hit a marketing year lo...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 13-17 April 2026 The Russian grains market remained relatively stable during the week, pressured by ample global wheat supply, strong international competition, and a firmer ruble. To maintain competitiveness—particularly against Ukraine and Kazakhstan—the gov...

feed-grains soy-oilseeds wheat

European Market Analysis

Key Takeaways: Wheat markets are supported by U.S. weather risk, though EU fundamentals remain bearish on strong supply, weak demand, and currency pressure. Upside is limited, with global strength unlikely to drive sustained EU gains. Maize markets are firming on Brazil weather risk and tighte...

FOB Prices and Freight Rates App (Updated 22 April)

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”...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 13-17 April 2026 The Russian grains market remained relatively stable during the week, pressured by ample global wheat supply, strong international competition, and a firmer ruble. To maintain competitiveness—particularly against Ukraine and Kazakhstan—the gov...

feed-grains soy-oilseeds wheat

European Market Analysis

Key Takeaways: Wheat markets are supported by U.S. weather risk, though EU fundamentals remain bearish on strong supply, weak demand, and currency pressure. Upside is limited, with global strength unlikely to drive sustained EU gains. Maize markets are firming on Brazil weather risk and tighte...

FOB Prices and Freight Rates App (Updated 22 April)

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”...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5375/bushel, up $0.0175 from yesterday's close.  Jul 26 Wheat closed at $6.1275/bushel, up $0.0675 from yesterday's close.  May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close.  Jul 26 Soymeal closed at $321.2/short ton, up $0 from...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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