World Perspectives

No Trade Bailout; Statements Betray USMCA

No Trade Bailout The Trump Administration’s $12 billion economic assistance package to farmers is being framed by the media as a “bailout” for the adverse impact of the President’s tariffs and trade wars. But there is no adverse impact in most instances. Wheat prices have come down 5 percent as the domestic stocks-to-use ratio rose but that relates to a global rise in wheat output with U.S. wheat exports holding surprisingly steady. The USDA projected season average price of corn has fallen 4.7 percent, but that is due to a huge increase in the size of the domestic crop. Critics can say trade wars have adversely impacted demand for U.S. corn but exports are up 12 percent. The big problem has been China buying Brazili...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Market Commentary: China Buys While Timeline Changes; Wheat Drops on Export Outlook

Once again, the headlines for CBOT trade revolved around news from China, this time in support of both bulls and bears. Bulls benefited from the news of “flash” export sales of 17 Mbu to China and unknown destinations, which was an obvious encouragement to the market. One of the rea...

FOB Prices and Freight Rates App (Updated 10 December)

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

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Market Commentary: China Buys While Timeline Changes; Wheat Drops on Export Outlook

Once again, the headlines for CBOT trade revolved around news from China, this time in support of both bulls and bears. Bulls benefited from the news of “flash” export sales of 17 Mbu to China and unknown destinations, which was an obvious encouragement to the market. One of the rea...

FOB Prices and Freight Rates App (Updated 10 December)

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

WASDE Corn - Dec 2025

USDA’s Dec 2025 estimate is that the 2025/26 season-average corn price received by U.S. farmers will remain at $4.00 per bushel. Global corn stocks are down 2.2 million to 279.2 million tons...

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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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