World Perspectives
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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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.305/bushel, up $0.065 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, up $0.14 from yesterday's close.  Mar 26 Soybeans closed at $10.6775/bushel, up $0.0375 from yesterday's close.  Mar 26 Soymeal closed at $299.9/short ton, up $3.7 from y...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 9-15, 2026. Wheat: Net sales of 618,100 metric tons (MT) for 2025/2026 were up noticeably from the previous week and from the prior 4-week average. Export shipments of 372,400 MT were up 23 percent from the previous week, but down 3 percent from the prior...

feed-grains soy-oilseeds wheat

Market Commentary: General Equilibrium with Weather and War

Outside markets continued their reversal higher following the rescission of President Trump’s tariff threats against Europe. Ukraine’s grain exports are stymied by Russian attacks, with both sides seemingly inching forward on talks, but a survey of former diplomats shows 80 percent...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.305/bushel, up $0.065 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, up $0.14 from yesterday's close.  Mar 26 Soybeans closed at $10.6775/bushel, up $0.0375 from yesterday's close.  Mar 26 Soymeal closed at $299.9/short ton, up $3.7 from y...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 9-15, 2026. Wheat: Net sales of 618,100 metric tons (MT) for 2025/2026 were up noticeably from the previous week and from the prior 4-week average. Export shipments of 372,400 MT were up 23 percent from the previous week, but down 3 percent from the prior...

feed-grains soy-oilseeds wheat

Market Commentary: General Equilibrium with Weather and War

Outside markets continued their reversal higher following the rescission of President Trump’s tariff threats against Europe. Ukraine’s grain exports are stymied by Russian attacks, with both sides seemingly inching forward on talks, but a survey of former diplomats shows 80 percent...

feed-grains soy-oilseeds wheat

2026 Outlook: Market Home Runs Unlikely, Use Risk Management to Stay at Bat This Year

With the spring planting effort just around the corner, producers and traders are starting to get a handle on the outlook for the coming marketing year. That outlook suffered a bit of a shock following the January WASDE report, as USDA reiterated the large-supply narrative for U.S. and world gr...

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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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