World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.7875/bushel, up $0.0425 from yesterday's close. Mar 25 Wheat closed at $5.47/bushel, up $0.0075 from yesterday's close. Mar 25 Soybeans closed at $10.4275/bushel, down $0.0475 from yesterday's close. Mar 25 Soymeal closed at $302/short ton, down $3.8 from yesterday's close. Mar 25 Soyoil closed at 46.27 cents/lb up 0.05 cents from yesterday's close. Feb 25 Live Cattle closed at $198.525/cwt up $1.125 from yesterday's close. Mar 25 Feeder Cattle closed at $269.8/cwt up $1.6 from yesterday's close. Feb 25 Lean Hogs closed at $83.125/cwt down $0.5 from yesterday's close. Feb 25 WTI Crude Oil closed at $80.39/barrel up $2.89 from yesterday's close. ...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed But Fruitful Day of Adjustments

Agricultural futures might be called mixed on the day, though that is upbeat by itself. There was a continuation of the bear wheat/bull beef story with a new contract low printed in HRS, and a new contract high in cattle. The corn market continued its rebound story on potential yield declines c...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.025/bushel, up $0.0375 from yesterday's close.  Nov 25 Soybeans closed at $10.1075/bushel, up $0.0425 from yesterday's close.  Dec 25 Soymeal closed at $276.9/short ton, up $1 from y...

livestock

Livestock Roundup: Quick Hits – Feeder Cattle, Chicken Nuggets, China Hogs, Turkey and U.S. Brazil Trade Talks

Feeder Cattle Hit Record Highs: Feeder cattle contracts are trading at $382.725/cwt, a record high, including adjusted for inflation. The previous peak was $320 in today’s dollars. Futures across the board remain elevated, averaging about $380/cwt, an indication that tight supplies will l...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed But Fruitful Day of Adjustments

Agricultural futures might be called mixed on the day, though that is upbeat by itself. There was a continuation of the bear wheat/bull beef story with a new contract low printed in HRS, and a new contract high in cattle. The corn market continued its rebound story on potential yield declines c...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.025/bushel, up $0.0375 from yesterday's close.  Nov 25 Soybeans closed at $10.1075/bushel, up $0.0425 from yesterday's close.  Dec 25 Soymeal closed at $276.9/short ton, up $1 from y...

livestock

Livestock Roundup: Quick Hits – Feeder Cattle, Chicken Nuggets, China Hogs, Turkey and U.S. Brazil Trade Talks

Feeder Cattle Hit Record Highs: Feeder cattle contracts are trading at $382.725/cwt, a record high, including adjusted for inflation. The previous peak was $320 in today’s dollars. Futures across the board remain elevated, averaging about $380/cwt, an indication that tight supplies will l...

feed-grains soy-oilseeds wheat

Does Bias in CONAB’s Forecasts Imply Even Bigger Crops?

CONAB recently released its first forecasts for the 2025/26 corn, soybean, and wheat crops (among others) and pegged production for the first two at massive levels. The soybean crop was forecast at a record 177.6 MMT, up sharply from the prior year and easily the largest on record due to expand...

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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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