World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Sinks as Cooking Oil Escapes Tariffs; Grains Fall on Crop Progress

The CBOT pushed higher overnight with corn notching a new four-month high and wheat futures extending their rally, but that strength quickly faded during the day session. One of the biggest drivers for the day’s declines was the failure of used cooking oil to be included in the Biden Administration’s list of new tariffs on Chinese products. That caused a sharp selloff in soyoil and dragged soybeans lower as well. Additional weakness came from upward revisions to the Brazilian corn and soybean crops from Conab, and from better-than-expected progress in Monday’s Crop Progress/Conditions reports. Funds were light net sellers for the day but were generally reluctant to add much back to the short positions they just recently ex...

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feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Large supplies and strong exports of wheat from the Black Sea and Russia continue to cap upside potential for wheat. U.S. and EU markets rallied last week until late in the week, when they hit a combination of technical pressure and increased competition from the Black Sea.&...

FOB Prices and Freight Rates App (Updated 4 February)

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

Market Commentary: Soyoil Rallies on Stocks, Tax Credits; Livestock Futures Gain on Cash Trade

Soyoil was the upside leader in the CBOT’s Tuesday trade after the USDA’s December soyoil stocks figure came in well below expectations. Additionally, the U.S. Treasury Department announced its proposal on the 45Z Clean Fuel tax credits, which were broadly friendly for ag interests...

feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Large supplies and strong exports of wheat from the Black Sea and Russia continue to cap upside potential for wheat. U.S. and EU markets rallied last week until late in the week, when they hit a combination of technical pressure and increased competition from the Black Sea.&...

FOB Prices and Freight Rates App (Updated 4 February)

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

Market Commentary: Soyoil Rallies on Stocks, Tax Credits; Livestock Futures Gain on Cash Trade

Soyoil was the upside leader in the CBOT’s Tuesday trade after the USDA’s December soyoil stocks figure came in well below expectations. Additionally, the U.S. Treasury Department announced its proposal on the 45Z Clean Fuel tax credits, which were broadly friendly for ag interests...

China Market Analysis

No. 1 Central Document China has released its No. 1 document for 2026, which calls for strengthening the country’s agriculture sector and rural linkages, while enriching rural areas as top priorities. The plan envisions up to 500 special demonstration zones deploying technology and deep r...

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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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