World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Still Looking for that Inevitable Bottom

Today, everything bled red except live cattle. Generally favorable U.S. weather overhangs the market until USDA’s Acreage Report is issued next week on 28 June. 

Nothing is tanking as much as wheat, with Paris now entering oversold territory and July HRS hitting a new contract low. Some warn that wheat supplies are not that clearly abundant. Russia controls the market, and it is a potentially troubled leader. The southwest part of Russia has historically had a moisture retention issue, and that becomes especially apparent in drought. Each time it has been dry, there has been a significant production drop off. The average production drop from the four previous similar dry periods is -23.4 percent. At this juncture, the crop is...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close.  May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $316.5/short ton, up $0.2...

feed-grains soy-oilseeds wheat

Market Commentary: War Sustains Wheat; Corn Up Fifth Day

The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions in the U.S., but globally there is pressure on a crop that gets both its fertilizer and a chunk of its demand from this volatile region. ...

livestock

Rotisserie Chicken Proposed to be Allowed Under SNAP

Senators Jim Justice (D-West Virginia), John Fetterman (D-Pennsylvania), Shelley Moore Capito (R-West Virginia), and Michael Bennet (D-Colorado) introduced the Hot Rotisserie Chicken Act, which would allow Supplemental Nutrition Assistance Program (SNAP) participants to purchase hot rotisserie...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close.  May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $316.5/short ton, up $0.2...

feed-grains soy-oilseeds wheat

Market Commentary: War Sustains Wheat; Corn Up Fifth Day

The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions in the U.S., but globally there is pressure on a crop that gets both its fertilizer and a chunk of its demand from this volatile region. ...

livestock

Rotisserie Chicken Proposed to be Allowed Under SNAP

Senators Jim Justice (D-West Virginia), John Fetterman (D-Pennsylvania), Shelley Moore Capito (R-West Virginia), and Michael Bennet (D-Colorado) introduced the Hot Rotisserie Chicken Act, which would allow Supplemental Nutrition Assistance Program (SNAP) participants to purchase hot rotisserie...

livestock

Early 2026 Projections of Cow-Calf Finances

Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and drough...

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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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