World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.4125/bushel, down $0.005 from yesterday's close.  May 24 Wheat closed at $5.4425/bushel, down $0.0325 from yesterday's close.  May 24 Soybeans closed at $11.9675/bushel, up $0.0075 from yesterday's close.  May 24 Soymeal closed at $336.4/short ton, down $2.8 from yesterday's close.  May 24 Soyoil closed at 48.57 cents/lb up 0.75 cents from yesterday's close.  Apr 24 Live Cattle closed at $189.925/cwt up $1.675 from yesterday's close.  Apr 24 Feeder Cattle closed at $255.85/cwt up $1.725 from yesterday's close.  Apr 24 Lean Hogs closed at $84.875/cwt down $0.475 from yesterday's close.  Apr 24 WTI Crude Oil closed at $79.77/barrel up $2.21 from yesterday's close. ...

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Black Sea Regional Analysis

Russian Grain Markets: 28 April – 2 May 2025 Russian audit, corporate finance, and consultancy company BEFL published a rating of Russia’s largest megafarms which included 75 companies –  half the number registered a year ago. This is telling us that large farms are becom...

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Market Commentary: Corn Firms on Surprise Export Demand; Soy Complex Drifts Lower

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WPI Crop Progress and Conditions App (Updated 5 May)

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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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