World Perspectives

Mexican Desperation; Africa Group Wants Cuts; Climate Thoughts; Ag Sector Split?; Deceptive or Deluded; Laughable Agenda

Mexican Desperation Populist Mexican Deputy Agriculture Secretary Victor Suarez is facing a losing case in a USMCA dispute settlement case over GM corn as evidenced by his latest desperation move. Claiming the U.S. has no evidence to support the safety of GM corn, he demanded a joint scientific effort to study the health impacts of GM Corn. The U.S. refused and so he declared Washington unwilling to cooperate. The safety of GM corn has been settled science in multinational fora for decades. The U.S. is not going to concede to a joint study when it has the facts on its side. The challenge to Mexico is to prove otherwise. The demand for joint studies is a signal of self-doubt on this point, otherwise bring the contrary evidence to the panel...

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Market Commentary: Mixed But Steady with an Outside Surprise

The U.S. created more new jobs in January than expected, especially in healthcare. And there was more ethanol produced last week than the market expected. Soyoil hit a new contract high, but South American production continues to look quite substantial. The mixed news produced mixed results, bu...

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Livestock Industry Margins

Beef packer margins weakened further last week, with estimated net losses widening to -$247/head, extending the deterioration seen through late January. Boxed beef values were firmer last week, but gains failed to offset increases in fed cattle prices, resulting in additional margin compression...

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Summary of Futures

Mar 26 Corn closed at $4.275/bushel, down $0.0125 from yesterday's close.  Mar 26 Wheat closed at $5.3725/bushel, up $0.09 from yesterday's close.  Mar 26 Soybeans closed at $11.24/bushel, up $0.015 from yesterday's close.  Mar 26 Soymeal closed at $303/short ton, up $2.2 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed But Steady with an Outside Surprise

The U.S. created more new jobs in January than expected, especially in healthcare. And there was more ethanol produced last week than the market expected. Soyoil hit a new contract high, but South American production continues to look quite substantial. The mixed news produced mixed results, bu...

livestock

Livestock Industry Margins

Beef packer margins weakened further last week, with estimated net losses widening to -$247/head, extending the deterioration seen through late January. Boxed beef values were firmer last week, but gains failed to offset increases in fed cattle prices, resulting in additional margin compression...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, down $0.0125 from yesterday's close.  Mar 26 Wheat closed at $5.3725/bushel, up $0.09 from yesterday's close.  Mar 26 Soybeans closed at $11.24/bushel, up $0.015 from yesterday's close.  Mar 26 Soymeal closed at $303/short ton, up $2.2 from ye...

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WASDE Wheat - Feb 2026

USDA’s outlook for 2025/26 U.S. wheat is unchanged for exports and slightly higher ending stocks to 931 million bushels - 9 percent higher than last year and the largest since 2019/20. The projected 2025/26 season-average farm price remains at $4.90 per bushel.  The global outlook fo...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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