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...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Energy Supports Soyoil, Soybeans; Weak Dollar Pushes Wheat Higher

Grain trade at the CBOT was mixed Tuesday with higher energy values supporting soyoil and soybeans while a weaker dollar and some commercial buying supported wheat futures. Corn was the laggard for the day as concerns about ethanol production in the U.S. during the two weeks of severe cold weig...

China Market Analysis

2025 Review The Ministry of Agriculture and Rural Affairs says China produced a record 714.9 MMT of grain in 2025, an increase of 8.4 MMT, or 2.6 percent. The volume was achieved despite bouts of drought, prolonged rainfall, and flooding. Most of the increase was in maize, and output was booste...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.265/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.2325/bushel, up $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.6725/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $294/short ton, down $0.3 f...

feed-grains soy-oilseeds wheat

Market Commentary: Energy Supports Soyoil, Soybeans; Weak Dollar Pushes Wheat Higher

Grain trade at the CBOT was mixed Tuesday with higher energy values supporting soyoil and soybeans while a weaker dollar and some commercial buying supported wheat futures. Corn was the laggard for the day as concerns about ethanol production in the U.S. during the two weeks of severe cold weig...

China Market Analysis

2025 Review The Ministry of Agriculture and Rural Affairs says China produced a record 714.9 MMT of grain in 2025, an increase of 8.4 MMT, or 2.6 percent. The volume was achieved despite bouts of drought, prolonged rainfall, and flooding. Most of the increase was in maize, and output was booste...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.265/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.2325/bushel, up $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.6725/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $294/short ton, down $0.3 f...

Congressional Letter on Buy-Up Coverage Rule

USDA’s Federal Crop Insurance Corporation (FCIC) published a new rule for crop insurance late last year, the Expanding Access to Risk Protection (EARP) rule that eliminates buy-up coverage for prevented planting policies. The rule proposes to: Increase premium subsidies from 5 to 10 crop...

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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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