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wheat

WASDE Wheat

USDA increased U.S. wheat ending stocks by 55 million bushels to 670 million, up 15 percent from last year. The season-average farm price is reduced $0.20 per bushel to $7.30 on higher projected stocks for the remainder of the marketing year. The global wheat outlook for 2023/24 is for lower stocks because the increased U.S. stocks are fully offset by reduced production estimates for Australia, Kazakhstan, and Ethiopia. The projected 2023/24 global ending stocks are lowered 0.5 million tons to 258.1 million, the lowest since 2015/16.  ...

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Market Commentary: Bear, Bear, Every Where a Bear

Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today.  There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4075/bushel, down $0.0575 from yesterday's close.  Mar 26 Wheat closed at $5.2925/bushel, down $0.0425 from yesterday's close.  Jan 26 Soybeans closed at $10.7675/bushel, down $0.1675 from yesterday's close.  Jan 26 Soymeal closed at $302.5/short ton, up...

feed-grains soy-oilseeds wheat

Export Sales

U.S. Export Sales and Shipments for the week ending Nov 13, 2025...

feed-grains soy-oilseeds wheat

Market Commentary: Bear, Bear, Every Where a Bear

Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today.  There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4075/bushel, down $0.0575 from yesterday's close.  Mar 26 Wheat closed at $5.2925/bushel, down $0.0425 from yesterday's close.  Jan 26 Soybeans closed at $10.7675/bushel, down $0.1675 from yesterday's close.  Jan 26 Soymeal closed at $302.5/short ton, up...

feed-grains soy-oilseeds wheat

Export Sales

U.S. Export Sales and Shipments for the week ending Nov 13, 2025...

WPI Grain Transportation Report

Dry-bulk markets were softer last week with Capesize markets seeing weaker interest from East Australia and other Pacific locales. Traders are describing spot tonnage in the Pacific as “abundant”, a mentality that is pressuring rates. Similarly, demand for C3 ex Brazil and West Afri...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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