World Perspectives
wheat

WASDE Wheat Jan 2025

USDA’s January estimate is for unchanged U.S. wheat exports of 850 million bushels. Projected 2024/25 ending stocks are raised 3 million bushels to 798 million, up 15 percent from last year. The season-average farm price of wheat is reduced by $0.05 per bushel to $5.55.World trade is 1.7 million tons lower at 212.0 million on decreased exports for Russia and Ukraine. Projected 2024/25 global ending stocks are raised 0.9 million tons to 258.8 million, primarily on increases for Russia, Brazil, Nigeria, and Ukraine more than offsetting reductions for Turkey, China, and Indonesia. ...

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Market Commentary: Bears Resist WASDE Curveballs

U.S. crop growing weather looks near perfect. Even dry parts of Nebraska and northern Illinois have just received good relief rains. The rest of July is cooler and damp, perfect for pollination. The share of the corn crop rated Good/Excellent is 74 percent, and its 66 percent for soybeans. ...

soy-oilseeds

WASDE Soybeans - July 2025

USDA’s July 2025 outlook for U.S. soybeans is for increased ending stocks compared to last month: U.S. soybean crush for 2025/26 was raised 50 million bushels to 2.54 billion on the assumption that demand for soybean oil for biofuel would increase. The U.S. seasonal average farm price of...

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WASDE Corn - July 2025

USDA’s July 2025 outlook for U.S. corn is a reduction in ending stocks from the June estimate of 1.75 billion bushels to 1.66 billion bushels. U.S. corn exports were increased 100 million bushels to 2.8 billion; If realized, those exports would be record high. The seasonal average farm pr...

feed-grains soy-oilseeds wheat

Market Commentary: Bears Resist WASDE Curveballs

U.S. crop growing weather looks near perfect. Even dry parts of Nebraska and northern Illinois have just received good relief rains. The rest of July is cooler and damp, perfect for pollination. The share of the corn crop rated Good/Excellent is 74 percent, and its 66 percent for soybeans. ...

soy-oilseeds

WASDE Soybeans - July 2025

USDA’s July 2025 outlook for U.S. soybeans is for increased ending stocks compared to last month: U.S. soybean crush for 2025/26 was raised 50 million bushels to 2.54 billion on the assumption that demand for soybean oil for biofuel would increase. The U.S. seasonal average farm price of...

feed-grains

WASDE Corn - July 2025

USDA’s July 2025 outlook for U.S. corn is a reduction in ending stocks from the June estimate of 1.75 billion bushels to 1.66 billion bushels. U.S. corn exports were increased 100 million bushels to 2.8 billion; If realized, those exports would be record high. The seasonal average farm pr...

wheat

WASDE Wheat - July 2025

USDA’s July 2025 outlook for U.S. wheat is for a 1 bushel per acre increase in average yield to 52.6 bushels per acre. The projection is for U.S. wheat production to increase 8 million bushels to 1,929 million bushels. However, the estimate for U.S. wheat exports is raised by 25 million b...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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