World Perspectives

Two Big Things; Trumpenomics

Two Big ThingsJust days before Christmas 2024, two big things happened that impact U.S. agriculture. On their way home for the holidays, members of the U.S. Congress passed a one-year extension of the farm bill. Farm groups were disappointed for a number of reasons, including the fact that expanded year-round use of E15 ethanol was dropped, and the Ending Agriculture Trade Suppression (EATS) provision addressing California’s Prop 12 was not enacted. The more favorable development was a USMCA dispute settlement panel ruling in favor of the U.S. on all seven challenges to Mexico’s GM corn ban. There are two notable observations on these matters.The first relates to California. The Supreme Court previously refused to take up a multi-state chal...

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Export Sales

Export Sales and Shipments for Dec 11, 2025...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Give up Gains while Cattle Turn Higher on Cash Trade

The CBOT saw its typical low-volume post-Christmas trading session on Friday, but low trading volume didn’t stop the markets from making some notable technical moves. The first of which, on a broad scale, is that early strength in corn, the soy complex, and to a lesser extent wheat, all f...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.5/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.19/bushel, down $0.0275 from yesterday's close.  Mar 26 Soybeans closed at $10.725/bushel, down $0.04 from yesterday's close.  Mar 26 Soymeal closed at $307.4/short ton, down $0.7 fro...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for Dec 11, 2025...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Give up Gains while Cattle Turn Higher on Cash Trade

The CBOT saw its typical low-volume post-Christmas trading session on Friday, but low trading volume didn’t stop the markets from making some notable technical moves. The first of which, on a broad scale, is that early strength in corn, the soy complex, and to a lesser extent wheat, all f...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.5/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.19/bushel, down $0.0275 from yesterday's close.  Mar 26 Soybeans closed at $10.725/bushel, down $0.04 from yesterday's close.  Mar 26 Soymeal closed at $307.4/short ton, down $0.7 fro...

Holiday Schedule

Financial markets will be closed on Thursday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Thursday. WPI wishes everyone a joyous and safe holiday. WPI will resume operations on Friday, 26 December. Note that Ag Perspectives will be providing ma...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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