World Perspectives

USDA Proposes More Packer and Stockyard Act Rules

The Administration has proposed a new rule, Fair and Competitive Livestock and Poultry Markets, designed to clarify unfair practices under the Packers and Stockyards Act (PSA).  This is the fourth in a suite of livestock marketing rules promised in 2021 via President Biden’s Executive Order on “promoting competition in the economy.” Effectively it is also a redux of the Obama Administration’s rules – then known as the “GIPSA rule” called for in the 2008 farm bill but blocked by Congressionally passed appropriations bills (FYs 2012 through 2015). Note that Secretary Vilsack also headed USDA during the promulgation of that rule. As WPI reported on 14 June, USDA proposed the Poultry Grower Paymen...

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WPI Transportation Report

Dry-Bulk Markets  In paper dry-bulk markets, the Capesize sector increased slightly this week on stronger demand from miners, but the move was insufficient to support the Panamax or Supramax markets, which turned lower. Most of the dry bulk markets are simply waiting for the economies of C...

feed-grains soy-oilseeds wheat

Market Commentary: Volatility But Stability

It was a very active open this morning with lots of lead changes as corn and soybean traders wrestled over whether bears or bulls were in control. Even winter wheat, which looked solidly in the green took a brief turn south. Volumes were robust and trade volatile but in the end, only bean oil a...

feed-grains soy-oilseeds wheat

Export Sale

Export Sales and Shipments for May 23-29, 2025  Wheat: Net sales reductions of 49,100 metric tons (MT) for 2024/2025. Export shipments of 540,100 MT were up 8 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Indonesia (81,100 M...

WPI Transportation Report

Dry-Bulk Markets  In paper dry-bulk markets, the Capesize sector increased slightly this week on stronger demand from miners, but the move was insufficient to support the Panamax or Supramax markets, which turned lower. Most of the dry bulk markets are simply waiting for the economies of C...

feed-grains soy-oilseeds wheat

Market Commentary: Volatility But Stability

It was a very active open this morning with lots of lead changes as corn and soybean traders wrestled over whether bears or bulls were in control. Even winter wheat, which looked solidly in the green took a brief turn south. Volumes were robust and trade volatile but in the end, only bean oil a...

feed-grains soy-oilseeds wheat

Export Sale

Export Sales and Shipments for May 23-29, 2025  Wheat: Net sales reductions of 49,100 metric tons (MT) for 2024/2025. Export shipments of 540,100 MT were up 8 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Indonesia (81,100 M...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.395/bushel, up $0.0075 from yesterday's close.  Jul 25 Wheat closed at $5.455/bushel, up $0.0225 from yesterday's close.  Jul 25 Soybeans closed at $10.5175/bushel, up $0.0675 from yesterday's close.  Jul 25 Soymeal closed at $297.1/short ton, up $0 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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