World Perspectives
wheat

WASDE Wheat

USDA reduced the 2023/24 season-average U.S. farm price of wheat by $0.10 lower to $7.20 per bushel. The global wheat outlook for 2023/24 is for larger ending stocks compared with last month. Global supplies are raised 3.6 million tons to 1,056.5 million. Increased stocks for Russia, Ukraine, and Saudi Arabia more than offset a decrease for China. Global ending stocks for 2023/24 are raised 1.8 million tons to 260.0 million primarily on increases for the EU and Ukraine...

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Market Commentary: Holding Breath for Monday’s WASDE

As expected, it was a lower volume trading day ahead of likely market moving USDA reports on Monday. The exceptions were HRS and lean hogs. There were also generally lower trading ranges. The soybean complex traded higher on strength in coproducts but the rest of the board was mostly in the red...

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New World Screw Worm: A Threat to Dairy?

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Where is the Hog Market Headed? Rosy Early Outlook for 2026.

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feed-grains soy-oilseeds wheat

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As expected, it was a lower volume trading day ahead of likely market moving USDA reports on Monday. The exceptions were HRS and lean hogs. There were also generally lower trading ranges. The soybean complex traded higher on strength in coproducts but the rest of the board was mostly in the red...

livestock

New World Screw Worm: A Threat to Dairy?

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Lean hog futures saw an unexpected rally to conclude 2025 with the market rebounding from an autumn selloff. The rebound was sufficiently strong to push deferred futures to new contract highs and nearby contracts just a few dollar shy of their contract highs. Despite this futures rally, physica...

FOB Prices and Freight Rates App (Updated 9 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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