World Perspectives
feed-grains soy-oilseeds wheat

The Only Thing Worse than No News is Old News

Markets have been struggling since the partial government shutdown started due to the lack of any fundamental news that is typically gathered/released by USDA and other agencies. While the government is now reopened, however, USDA, the CFTC and, most likely, other governmental agencies decided to take a bizarre approach to catching up on the release of missed reports and data. Instead of releasing the most relevant weekly data as quickly as possible, they plan to spend a month issuing old reports incrementally (see Market Commentary, 30 January). Yesterday USDA published the weekly export sales report for the week ended 20 December, and the CFTC is taking a similar approach with the Commitment of Traders reports that detail what major grou...

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It’s Official, Cow-Calf Profits Hit Record for 2025

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feed-grains soy-oilseeds wheat

Market Commentary: Corn Firm, Bean Weak, Weak Wheat Rebound

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Livestock Roundup: Meat Market Recap, Beef is Driver

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livestock

It’s Official, Cow-Calf Profits Hit Record for 2025

December is upon us and the fall calf run all but ended, the beef industry is finalizing its estimates of 2025 profitability and market performance. For cow-calf producers, the results from all but the last two weeks of the year indicate profits easily hit a record high, even on an inflation-ad...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Firm, Bean Weak, Weak Wheat Rebound

Overall, it remains a sideways market with corn showing the most confidence but overall market weakness that is both seasonal, and reflective of the fundamentals. China’s purchases of soybeans are now humdrum, but rumor of a possible Chinese corn purchase added a little spice to the marke...

livestock

Livestock Roundup: Meat Market Recap, Beef is Driver

Reported November meat sales data show meat department sales were positive and have remained so since Q1 of 2023. In all cases, dollar gains were from a combination of inflation and demand growth. Indeed, meat demand has remained remarkably resilient through 2025. On a per capita basis, chicken...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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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