World Perspectives

New Leadership for Congressional Energy Committees

With the retirement from Congress of House Energy and Commerce (HEC) Committee chair Cathy McMorris Rogers (R-WA), the gavel was up for grabs in what is arguably the most powerful committee in the House. The third and fourth ranking Republicans, Representatives Bob Latta of Ohio and Brett Guthrie of Kentucky, squared off to lead the panel, with Gutherie winning the backing of the House Republican Steering Committee yesterday. The next step to Guthrie’s ascension is for the full conference to ratify the Steering Committee’s choice, which typically is a formality.The HEC Committee is the oldest standing legislative committee in the House of Representatives and its broad jurisdiction – which includes health care (Guthrie is the chair of the he...

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FOB Prices and Freight Rates App (Updated 22 April)

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

Summary of Futures

May 26 Corn closed at $4.5375/bushel, up $0.0175 from yesterday's close.  Jul 26 Wheat closed at $6.1275/bushel, up $0.0675 from yesterday's close.  May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close.  Jul 26 Soymeal closed at $321.2/short ton, up $0 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on Weather, Biofuel Demand Prospects

For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by the geopolitical risk and crude oil’s rally. Recently, the impact of this risk and crude oil on the ag markets has faded, leaving crop f...

FOB Prices and Freight Rates App (Updated 22 April)

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

Summary of Futures

May 26 Corn closed at $4.5375/bushel, up $0.0175 from yesterday's close.  Jul 26 Wheat closed at $6.1275/bushel, up $0.0675 from yesterday's close.  May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close.  Jul 26 Soymeal closed at $321.2/short ton, up $0 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on Weather, Biofuel Demand Prospects

For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by the geopolitical risk and crude oil’s rally. Recently, the impact of this risk and crude oil on the ag markets has faded, leaving crop f...

China Market Analysis

Economy The National Bureau of Statistics says China’s GDP grew 5 percent year-over-year in Q1 2026. Other sources contend that the Iran war has helped pull the economy out of deflation and that it is now in the middle stages of a multi-year correction. The data for the agriculture sector...

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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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