World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: More Rains Wash Away Weather Premium

Over the past three weeks, one has been unable to discuss ag commodity futures without a detailed discussion of U.S. weather patterns, and that remained true on Wednesday. The CBOT was sharply lower as rains fell across the U.S. Plains and Eastern Corn Belt and offered broad coverage and meaningful stress reduction for crops. Further pressuring crop markets was the 1-3-day weather forecast showing heavy showers and over two inches of rain forecast for Iowa, Missouri, and Illinois – states that so far have missed out on much of the recent precipitation. One key feature of the updated weather forecasts – and a major reason for corn futures’ decline – is that the above-average heat present in the Midwest so far this su...

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FOB Prices and Freight Rates App (Updated 23 July)

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: 14 – 18 July 2025 The new 2025/26 season export market is the driving force behind pricing patterns asking for more goods at the premium price. The southern federal district enjoyed bullish sentiments, while the rest of the country was waking up to what is going on...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Premia Withdrawn; Trade Talks Make Progress

CBOT futures saw mixed trade Tuesday with summer row crops pulling back amid a favorable Midwest weather forecast while wheat turned higher on slow sales from Russia. Corn and soybeans saw weaker trade develop overnight after the Crop Conditions report was positive and the weather forecasts con...

FOB Prices and Freight Rates App (Updated 23 July)

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: 14 – 18 July 2025 The new 2025/26 season export market is the driving force behind pricing patterns asking for more goods at the premium price. The southern federal district enjoyed bullish sentiments, while the rest of the country was waking up to what is going on...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Premia Withdrawn; Trade Talks Make Progress

CBOT futures saw mixed trade Tuesday with summer row crops pulling back amid a favorable Midwest weather forecast while wheat turned higher on slow sales from Russia. Corn and soybeans saw weaker trade develop overnight after the Crop Conditions report was positive and the weather forecasts con...

Ready for War; Deals Trickly In

Ready for War Europe has not won a kinetic war without U.S. help, but one German official quoted by the Wall Street Journal boasted, “If they [U.S.] want war, they will get war.” Admittedly, Europe has been far better at defensive trade policy than it has been at fighting Russian ag...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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