World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Grain Stocks Bullish Corn, Bearish Soybeans; Wheat Rallies on USDA Production Cuts

The CBOT showed the volatility often characteristic of days when the Grain Stocks report is released. The report was bullish corn and wheat and bearish soybeans, and the futures market’s reaction reflected the surprises. Soybeans dropped sharply lower for the day in a massively bearish move while wheat continued its uptrend and KCBT wheat traded above $10.00. Funds were net buyers in corn and wheat and were aggressive liquidators of any remaining soybean longs. For the first time this week, macroeconomic markets took a backseat to grain market fundamentals and supply/demand assessments will likely be increasingly important heading into the October WASDE.  The September Grain Stocks report feature plenty of surprises as corn and...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for Dec 11, 2025...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Give up Gains while Cattle Turn Higher on Cash Trade

The CBOT saw its typical low-volume post-Christmas trading session on Friday, but low trading volume didn’t stop the markets from making some notable technical moves. The first of which, on a broad scale, is that early strength in corn, the soy complex, and to a lesser extent wheat, all f...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.5/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.19/bushel, down $0.0275 from yesterday's close.  Mar 26 Soybeans closed at $10.725/bushel, down $0.04 from yesterday's close.  Mar 26 Soymeal closed at $307.4/short ton, down $0.7 fro...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for Dec 11, 2025...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Give up Gains while Cattle Turn Higher on Cash Trade

The CBOT saw its typical low-volume post-Christmas trading session on Friday, but low trading volume didn’t stop the markets from making some notable technical moves. The first of which, on a broad scale, is that early strength in corn, the soy complex, and to a lesser extent wheat, all f...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.5/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.19/bushel, down $0.0275 from yesterday's close.  Mar 26 Soybeans closed at $10.725/bushel, down $0.04 from yesterday's close.  Mar 26 Soymeal closed at $307.4/short ton, down $0.7 fro...

Holiday Schedule

Financial markets will be closed on Thursday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Thursday. WPI wishes everyone a joyous and safe holiday. WPI will resume operations on Friday, 26 December. Note that Ag Perspectives will be providing ma...

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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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