World Perspectives
wheat

Spring Wheat Quality

Some are raising concerns that cooler temperatures and excess late season rain have caused quality problems for the typically high protein/strong gluten spring wheat crop. There is the threat that the lower quality wheat will end up being delivered against futures contracts and is causing falling prices in Minneapolis. That concern has not been reflected thus far in USDA’s weekly Crop Progress report.  The share of the hard red spring wheat crop rated Good/Excellent fell from 74 percent at the beginning of August to 72 percent last week. That is still well above the average of the past ten years, and strikingly better than the 2021 and 2023 HRS crops at this time of the season. Thus far in August, the December HRS contract has f...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 13-19, 2026.  Wheat: Net sales of 397,200 metric tons (MT) for 2025/2026 were up noticeably from the previous week and up 46 percent from the prior 4-week average. Export shipments of 383,500 MT were unchanged from the previous week, but down 10 percent...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.67/bushel, down $0.0025 from yesterday's close.  May 26 Wheat closed at $6.05/bushel, up $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.7375/bushel, up $0.02 from yesterday's close.  May 26 Soymeal closed at $322.1/short ton, up $2.3 from...

feed-grains soy-oilseeds wheat

Market Commentary: War Worries Continue to Drive the Narrative

War-related higher energies are a mixed story for ags. They could stymie economic growth and thus demand, but they open the door for better biofuel sales. Ags were mostly in the green today, betting on the biofuel market.  Reports Export Sales: Last week’s new commitments by foreign...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 13-19, 2026.  Wheat: Net sales of 397,200 metric tons (MT) for 2025/2026 were up noticeably from the previous week and up 46 percent from the prior 4-week average. Export shipments of 383,500 MT were unchanged from the previous week, but down 10 percent...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.67/bushel, down $0.0025 from yesterday's close.  May 26 Wheat closed at $6.05/bushel, up $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.7375/bushel, up $0.02 from yesterday's close.  May 26 Soymeal closed at $322.1/short ton, up $2.3 from...

feed-grains soy-oilseeds wheat

Market Commentary: War Worries Continue to Drive the Narrative

War-related higher energies are a mixed story for ags. They could stymie economic growth and thus demand, but they open the door for better biofuel sales. Ags were mostly in the green today, betting on the biofuel market.  Reports Export Sales: Last week’s new commitments by foreign...

livestock

Why Beef and Pork Prices May Fall Despite Strong Demand

Beef prices dropped sharply this week, with the Choice cutout down about $11/cwt in the past six trading days. The move unnerved live cattle futures on Wednesday (though the market recovered Thursday) and quickly led to concerns about beef demand weakening. After all, isn’t this supposed...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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