World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4625/bushel, up $0.055 from yesterday's close. Mar 25 Wheat closed at $5.33/bushel, up $0 from yesterday's close. Jan 25 Soybeans closed at $9.745/bushel, up $0.115 from yesterday's close. Mar 25 Soymeal closed at $302.2/short ton, up $11.2 from yesterday's close. Mar 25 Soyoil closed at 39.88 cents/lb down 0.54 cents from yesterday's close. Feb 25 Live Cattle closed at $188.4/cwt up $1.85 from yesterday's close. Jan 25 Feeder Cattle closed at $255.6/cwt up $1.125 from yesterday's close. Feb 25 Lean Hogs closed at $85.925/cwt up $2.3 from yesterday's close. Feb 25 WTI Crude Oil closed at $69.6/barrel up $0.22 from yesterday's close. ...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 8 September)

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...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  Last week’s rainfall covered much of Argentina’s western wheat-growing region, improving prospects for cereals there. Still, 27.3 percent of the area now shows excess water — up from 7 percent the prior week — mainly in the east and south, where fungal diseas...

Japan–U.S. Trade Deal Implemented

The U.S.-Japan trade deal is now in place. It provides for a 15 percent tariff on most goods entering from Japan. For goods that were subject to tariffs less than 15 percent will now face higher duties at 15 percent, but goods that faced duties of 15 percent or higher will not increase. The tar...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 8 September)

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...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  Last week’s rainfall covered much of Argentina’s western wheat-growing region, improving prospects for cereals there. Still, 27.3 percent of the area now shows excess water — up from 7 percent the prior week — mainly in the east and south, where fungal diseas...

Japan–U.S. Trade Deal Implemented

The U.S.-Japan trade deal is now in place. It provides for a 15 percent tariff on most goods entering from Japan. For goods that were subject to tariffs less than 15 percent will now face higher duties at 15 percent, but goods that faced duties of 15 percent or higher will not increase. The tar...

soy-oilseeds

WPI U.S. State Soybean Yield and Production Forecasts

Following WPI’s discussion on Friday of state-level corn yield and production estimates, we offer the following outlook for the U.S. soybean crop on a state-by-state basis. Like corn, the size and yield potential of the 2025 U.S. soybean crop is of increasing debate with the USDA’s...

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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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