World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Firm on Trade Visit; Bullish Feedback Loop for Cattle

The CBOT saw early pressure develop after the USDA Crop Progress and Conditions report was more favorable than expected for corn, soybeans, and wheat. Despite some dryness and uneven weather over the past few weeks, conditions ratings were generally steady, and – surprisingly – in the case of soybeans, higher. Soybeans were able to shake off those effects on news of pending trade talks between the U.S. and China, but corn could not lose the big-yield blues for the day. KC wheat also fell and hit new contract lows Tuesday, with expectations for larger crops from the EU and Russia working against values. Of course, the day’s fireworks were in the cattle markets where insane beef demand and a shortage of cattle continue to fu...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.095/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.3175/bushel, up $0.02 from yesterday's close.  Nov 25 Soybeans closed at $10.495/bushel, up $0.0175 from yesterday's close.  Dec 25 Soymeal closed at $293.3/short ton, up $2.4 fro...

Future of Tariffs

Some countries have reacted harshly to the tariffs imposed by President Trump, while other countries responded more mutedly or negotiated a settlement. Canada initially retaliated but has now unilaterally reversed some of its retaliatory tariffs against the U.S. after deeming them predominantly...

livestock

New World Screwworm Human Case

The state of Maryland has reported the first human case of new world screwworm (NWS) in a person who travelled to an affected area. Reports vary citing both El Salvador and Guatemala.   A statement from the Maryland Department of Health provides the details:  This is the first hu...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.095/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.3175/bushel, up $0.02 from yesterday's close.  Nov 25 Soybeans closed at $10.495/bushel, up $0.0175 from yesterday's close.  Dec 25 Soymeal closed at $293.3/short ton, up $2.4 fro...

Future of Tariffs

Some countries have reacted harshly to the tariffs imposed by President Trump, while other countries responded more mutedly or negotiated a settlement. Canada initially retaliated but has now unilaterally reversed some of its retaliatory tariffs against the U.S. after deeming them predominantly...

livestock

New World Screwworm Human Case

The state of Maryland has reported the first human case of new world screwworm (NWS) in a person who travelled to an affected area. Reports vary citing both El Salvador and Guatemala.   A statement from the Maryland Department of Health provides the details:  This is the first hu...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Lebanon’s 2025 grain crops are expected to be much lower, as much as 25 percent lower for wheat, due to the drought and to local conflict. Rainfall is down by 50 percent in some areas while due to conflict many farmers were...

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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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