World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.3675/bushel, up $0.03 from yesterday's close.  May 24 Wheat closed at $5.285/bushel, down $0.0375 from yesterday's close.  May 24 Soybeans closed at $11.9825/bushel, up $0.03 from yesterday's close.  May 24 Soymeal closed at $334.7/short ton, down $2.7 from yesterday's close.  May 24 Soyoil closed at 49.42 cents/lb up 1.03 cents from yesterday's close.  Apr 24 Live Cattle closed at $187.25/cwt up $0.3 from yesterday's close.  Apr 24 Feeder Cattle closed at $252.125/cwt up $0.95 from yesterday's close.  Apr 24 Lean Hogs closed at $86.925/cwt up $1.9 from yesterday's close.  Apr 24 WTI Crude Oil closed at $81/barrel down $0.26 from yesterday's close.   ...

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FOB Prices and Freight Rates App (Updated 7 May)

Transportation and Freight Market Comments - 2 May 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets are finding some support from spot and 30-day demand but the Section 301 rules are depressing grain demand past July. Cargo orders from northern Brazil are increasing as South Amer...

feed-grains soy-oilseeds wheat

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...

feed-grains soy-oilseeds wheat

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

The CBOT was mixed on Tuesday following Monday’s drubbing across the grains and oilseeds markets. Tuesday saw continued selling pressure in the soy complex as funds turn increasingly bearish amid a favorable supply outlook for 2025. The grains sector saw a bit more support with wheat risi...

FOB Prices and Freight Rates App (Updated 7 May)

Transportation and Freight Market Comments - 2 May 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets are finding some support from spot and 30-day demand but the Section 301 rules are depressing grain demand past July. Cargo orders from northern Brazil are increasing as South Amer...

feed-grains soy-oilseeds wheat

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...

feed-grains soy-oilseeds wheat

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

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 5 May)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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