World Perspectives

Shutdown Impacts on Ag

In the now fifth U.S. government shutdown in the past 30 years, everyone is guessing about its duration because each shutdown has had its own unique circumstances. The online prediction markets have a range of guesses, all tending toward the shorter side of the last one under Mr. Trump, 35 days back in 2018-19 before he caved. But Mr. Trump is a different president than in his freshman term.  Key payments and services to Americans will continue, and the stock market closed higher today despite the government’s closure.  The political battle is over controlling the news cycles and thus playing to the hopes or fears of Americans. If it goes badly for the GOP, Republicans could simply (likely forever) remove the use of the fili...

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The start of 2026 has been the exact opposite of what dry bulk markets and traders expected at the end of 2025. Typically, the Lunar New Year and post-holiday demand lulls mean that Q1 freight rates are often the weakest of the year. This year, however, rates rallied sharply on unexpected deman...

feed-grains soy-oilseeds wheat

Market Commentary: Late Corn Rally; Soyoil Aborts Complex; Wheat Splits

A mostly bullish overnight session was not sustained, splitting the soy complex and wheat. Corn rallied late to avert a loss. The morning opened with USDA’s Export Sales report reflecting the turn by buyers to lower-cost sources. There was good volume trading corn and the soy complex, and...

livestock

Hog and Pork Outlook

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Transportation and Export Report - 26 February

The start of 2026 has been the exact opposite of what dry bulk markets and traders expected at the end of 2025. Typically, the Lunar New Year and post-holiday demand lulls mean that Q1 freight rates are often the weakest of the year. This year, however, rates rallied sharply on unexpected deman...

feed-grains soy-oilseeds wheat

Market Commentary: Late Corn Rally; Soyoil Aborts Complex; Wheat Splits

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.435/bushel, up $0.015 from yesterday's close.  May 26 Wheat closed at $5.745/bushel, up $0.0475 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, down $0.015 from yesterday's close.  May 26 Soymeal closed at $320.9/short ton, down $0.9 fr...

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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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