World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Tariffs on, Risk off

The market opened today as it had closed from the previous night’s session, with double digit declines in many contracts. An hour into today’s session, first soymeal, then corn, then HRW and hogs turned green. Many then wobbled both sides of unchanged.  There was a new contract low in soymeal, though ultimately it was joined by HRW in being the only two major contracts with an upside close. The dollar is now down 2.5 percent, so it will not offset the impact of higher tariffs as estimated by the Treasury Department, but it will make exports more competitive. Canada and Mexico being spared for now in the fight were key for stability. Going forward, the market wants to know how this impacts consumer spending.  The trade...

Related Articles
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for May 16-22, 2025. Wheat: Net sales reductions of 128,800 metric tons (MT) for 2024/2025 were up noticeably from the previous week, but down noticeably from the prior 4-week average. Export shipments of 501,200 MT were up 14 percent from the previous week and 12 per...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.44/bushel, down $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.34/bushel, up $0 from yesterday's close.  Jul 25 Soybeans closed at $10.4175/bushel, down $0.1 from yesterday's close.  Jul 25 Soymeal closed at $296.3/short ton, down $0.1 from yest...

feed-grains soy-oilseeds wheat

Market Commentary: Bears Rule Mostly; Rain and Sunshine Make Grain

Wheat and pigs were the day’s winners, with much of the rest of the contracts bleeding red. President Trump’s war of words with China added some negative energy on the day. It was similar for the week with HRS and hogs adding value, and soymeal higher by a miniscule fraction, but th...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for May 16-22, 2025. Wheat: Net sales reductions of 128,800 metric tons (MT) for 2024/2025 were up noticeably from the previous week, but down noticeably from the prior 4-week average. Export shipments of 501,200 MT were up 14 percent from the previous week and 12 per...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.44/bushel, down $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.34/bushel, up $0 from yesterday's close.  Jul 25 Soybeans closed at $10.4175/bushel, down $0.1 from yesterday's close.  Jul 25 Soymeal closed at $296.3/short ton, down $0.1 from yest...

feed-grains soy-oilseeds wheat

Market Commentary: Bears Rule Mostly; Rain and Sunshine Make Grain

Wheat and pigs were the day’s winners, with much of the rest of the contracts bleeding red. President Trump’s war of words with China added some negative energy on the day. It was similar for the week with HRS and hogs adding value, and soymeal higher by a miniscule fraction, but th...

Sorting Through Tariffs

On 2 April, President Trump announced the U.S. will impose a minimum baseline of 10 percent tariffs on all imported goods into the U.S. as well as higher reciprocal tariffs on exporting countries that impose tariffs on U.S. goods. Countries that will see tariffs higher than the baseline 10 perc...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up