World Perspectives
feed-grains soy-oilseeds

Mercosur Regional Analysis

The state of agriculture in Argentina and the loss of export competitiveness become clearer when examined through recent data. The official inflation rate for December 2024 was reported at 2.7 percent, resulting in an accumulated inflation rate of 117.8 percent for 2024. During this period, the exchange rate for grain trading rose from approximately AR$808/USD to AR$1,032/USD, marking a 27 percent increase. Commodity prices have shifted significantly. Soybeans increased in Argentine pesos from AR$265,000 ($327/MT) to AR$285,000 ($276/MT), representing a 7.5 percent increase in local currency. Wheat rose from AR$185,000 to AR$199,000, another 7.5 percent increase, while corn prices climbed by 26 percent. These increases contrast sharply with...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.425/bushel, down $0.055 from yesterday's close.  Jul 25 Wheat closed at $5.1725/bushel, up $0.02 from yesterday's close.  Jul 25 Soybeans closed at $10.725/bushel, up $0.0125 from yesterday's close.  Jul 25 Soymeal closed at $293.3/short ton, down $4.8 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Reverses Course; Soyoil Rallies on Possible Tax Extension

The CBOT was mixed trade Tuesday following the May WASDE and USDA’s first complete look at the U.S. and world 2025/26 balance sheets. With the WASDE’s numbers now incorporated into futures prices the trade began looking for “what’s next”, which for corn meant a bea...

soy-oilseeds

WASDE Soybeans - May 2025

USDA’s outlook for 2025/26 U.S. soybeans is for lower ending stocks: The U.S. share of global soybean exports is forecast at 26 percent - down from 28 percent last year. Accordingly, U.S. soybean exports are forecast at 1.815 billion bushels, down 35 million from 2024/25. The 2025/26 U.S...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.425/bushel, down $0.055 from yesterday's close.  Jul 25 Wheat closed at $5.1725/bushel, up $0.02 from yesterday's close.  Jul 25 Soybeans closed at $10.725/bushel, up $0.0125 from yesterday's close.  Jul 25 Soymeal closed at $293.3/short ton, down $4.8 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Reverses Course; Soyoil Rallies on Possible Tax Extension

The CBOT was mixed trade Tuesday following the May WASDE and USDA’s first complete look at the U.S. and world 2025/26 balance sheets. With the WASDE’s numbers now incorporated into futures prices the trade began looking for “what’s next”, which for corn meant a bea...

soy-oilseeds

WASDE Soybeans - May 2025

USDA’s outlook for 2025/26 U.S. soybeans is for lower ending stocks: The U.S. share of global soybean exports is forecast at 26 percent - down from 28 percent last year. Accordingly, U.S. soybean exports are forecast at 1.815 billion bushels, down 35 million from 2024/25. The 2025/26 U.S...

feed-grains

WASDE Corn - May 2025

USDA’s outlook for 2025/26 U.S. corn is for record supplies and total use: Higher ending stocks are expected to result from 15.8 billion bushels of corn production, up 6 percent from a year ago. Projected planted area of 95.3 million acres would be the highest in over a decade. The corn y...

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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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