World Perspectives
soy-oilseeds

WASDE Soybeans

USDA’s outlook for 2024/25 U.S. soybeans is for higher supplies, increased exports, and higher ending stocks. The soybean crop is projected at 4.45 billion bushels, up 285 million on higher area and trend yield. U.S. ending stocks for 2024/25 are projected at 445 million bushels, up 105 million from last year. The 2024/25 U.S. season-average soybean price is forecast at $11.20 per bushel compared with $12.55 per bushel in 2023/24. Domestic soybean meal disappearance is forecast to increase 3 percent from 2023/24 on increased pork and poultry production. U.S. soybean meal exports are forecast at 17.3 million short tons, indicating a 21 percent share of global trade, compared to the prior 5-year average of 19 percent. The soybean...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed to Lower on Safety Ahead of the Long Weekend

There was both a lot and not much going on this Friday the 13th in November. The fundamentals are unchanged, but some riskier positions were neutralized and some profits taken ahead of the long weekend, with the federal holiday closing down futures markets on Monday. Volume was generally lower,...

President's Day

In observance of Presidents’ Day, both the CME/CBOT and our offices will be closed on Monday, 16 February. The next edition of Ag Perspectives will be published on Tuesday, 17 February...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3175/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.4875/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $11.33/bushel, down $0.0425 from yesterday's close.  Mar 26 Soymeal closed at $309.2/short ton, up $1.3...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed to Lower on Safety Ahead of the Long Weekend

There was both a lot and not much going on this Friday the 13th in November. The fundamentals are unchanged, but some riskier positions were neutralized and some profits taken ahead of the long weekend, with the federal holiday closing down futures markets on Monday. Volume was generally lower,...

President's Day

In observance of Presidents’ Day, both the CME/CBOT and our offices will be closed on Monday, 16 February. The next edition of Ag Perspectives will be published on Tuesday, 17 February...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3175/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.4875/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $11.33/bushel, down $0.0425 from yesterday's close.  Mar 26 Soymeal closed at $309.2/short ton, up $1.3...

Who is Paying for U.S. Tariffs?

Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 percent at the beginning of the year to 13 percent by year-end. It then spiked in April and May, when tariffs on Chinese goods were raised by 125 percentage points, before being reversed by 115 percentage points...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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