World Perspectives
soy-oilseeds wheat

U.S. Wheat Supply and Demand – A Fresh Look

If there was surprise contained in the array of USDA reports released last Friday, it was how unremarkable they were. Analysts (including this one) assumed that within such a variety of data, there must be a few market-moving surprises. However, that was not the case. Pre-report expectations were generally not far off. If the reports were not bullish, they must be bearish, and noncommercials quickly became aggressive sellers. Their blandness allowed traders to refocus on the trade negotiations with China and attempts to avoid a second government shutdown. This is not to say that the reports were boring. One area of particular interest is the U.S. wheat supply and demand outlook and the questions they raised about it. Two of the main questi...

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feed-grains soy-oilseeds wheat

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

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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...

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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

Livestock Roundup: Meat Market Recap, Beef is Driver

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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

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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