World Perspectives
feed-grains soy-oilseeds wheat

Outdated Embargo Protection; Transatlantic Troubles

Some aggies are concerned that the Trump administration will impose a trade embargo against China if Beijing does not do more to stop North Korea’s nuclear missile efforts. Outdated Embargo Protection Some aggies are concerned that the Trump administration will impose a trade embargo against China if Beijing does not do more to stop North Korea’s nuclear missile efforts. The last embargo against the former Soviet Union in 1980 prompted Congress to subsequently pass agricultural embargo protections as part of the Agricultural Trade Act. However, that language is now three decades old and does not reflect today’s farm law or the risk at hand. The protection is only triggered if the president imposes a less-than-comprehensive embargo that ha...

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feed-grains soy-oilseeds wheat

Market Commentary: Fundamentals in the Backseat; Conflict Impacts Driving Markets

Four days into the U.S.-Iran conflict, it is becoming apparent that the conflict will last longer than a few days, and impacts could be more widespread than expected. That sentiment drove macroeconomic and commodity futures markets on Tuesday, which meant risk-off trading in the macro sector an...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.465/bushel, up $0.0075 from yesterday's close.  May 26 Wheat closed at $5.74/bushel, down $0.0325 from yesterday's close.  May 26 Soybeans closed at $11.705/bushel, up $0.065 from yesterday's close.  May 26 Soymeal closed at $314.7/short ton, up $1.8 from...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey’s flour exports in 2025, at 2.36 MMT, were back up close to 2019 levels but well below the five-year average of close to 3.0 MMT. Exports were low due to drought and Turkey’s export restrictions. Shipments of fl...

feed-grains soy-oilseeds wheat

Market Commentary: Fundamentals in the Backseat; Conflict Impacts Driving Markets

Four days into the U.S.-Iran conflict, it is becoming apparent that the conflict will last longer than a few days, and impacts could be more widespread than expected. That sentiment drove macroeconomic and commodity futures markets on Tuesday, which meant risk-off trading in the macro sector an...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.465/bushel, up $0.0075 from yesterday's close.  May 26 Wheat closed at $5.74/bushel, down $0.0325 from yesterday's close.  May 26 Soybeans closed at $11.705/bushel, up $0.065 from yesterday's close.  May 26 Soymeal closed at $314.7/short ton, up $1.8 from...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey’s flour exports in 2025, at 2.36 MMT, were back up close to 2019 levels but well below the five-year average of close to 3.0 MMT. Exports were low due to drought and Turkey’s export restrictions. Shipments of fl...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The latest crop update from the EU Commission’s MARS crop monitoring division reported “broadly satisfactory” conditions across much of the bloc through February. Persistent frost in parts of northern and eastern Europe is a concern for the winter crops, pa...

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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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