World Perspectives
soy-oilseeds

Oilseed Highlights: Under Pressure but Hovering

The MarketToday’s IGC report increased the growth in global soybean carryout and thus reinforced the bearish trend in the November futures contract. There are still counterfactuals such as Brazil’s delayed planting, low moisture U.S. pods, plus wilt (Fusarium oxysporum) and Brown stem rot (Cadaphora gregata). But harvest pressure, improved weather, the diminishment of the La Nina threat, falling oil prices, and a rising dollar all drive a larger narrative. The small net-long held by managed money last week has likely collapsed. Today, soybeans experienced just the third higher close in October thus far. After falling by double-digits, it bounced off 970/bushel and instead closed 9.75 cents higher. However, whether this hook reversal is sust...

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FOB Prices and Freight Rates App (Updated 24 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

Market Commentary: The Tempo not the Quantum

Everyone knows the volume traded this week will be lower, but there is no break in the directional adjustments. The corn market still had to continue its march higher, worries about wheat supplies moving out of Ukraine and even volume was not totally lower with soymeal and lean hog trading keep...

livestock

Quarterly Hogs and Pigs Report

USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 December was 75.5 million head, up 1 percent from December 2024, and up slightly from 1 September 2025.  Breeding inventory, at 5.95 million head, was down 1 percent from last year and up sligh...

FOB Prices and Freight Rates App (Updated 24 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

Market Commentary: The Tempo not the Quantum

Everyone knows the volume traded this week will be lower, but there is no break in the directional adjustments. The corn market still had to continue its march higher, worries about wheat supplies moving out of Ukraine and even volume was not totally lower with soymeal and lean hog trading keep...

livestock

Quarterly Hogs and Pigs Report

USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 December was 75.5 million head, up 1 percent from December 2024, and up slightly from 1 September 2025.  Breeding inventory, at 5.95 million head, was down 1 percent from last year and up sligh...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.475/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.17/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.515/bushel, down $0.0175 from yesterday's close.  Mar 26 Soymeal closed at $304.2/short ton, up $2.3 from...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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