World Perspectives
feed-grains wheat

Wheat, Wheat Everywhere, but Not a Drop to Eat

U.S. wheat ending supplies and another record world wheat crop in 2016 are all being affected by one particular issue.The USDA quarterly stocks report released 30 September added more weight to the wheat market because not nearly as much wheat was fed in the previous quarter as expected. This week’s USDA supply and demand numbers reduced the wheat feed/residual usage category by 70 million bushels (almost 2 MMT) as a result of the quarterly stocks number. In addition, USDA released its U.S. “wheat-by-class” supply and demand numbers. Those ending supply estimates are noted in the table below:The hard red winter (HRW) wheat class stands out as it clearly shows where the problem with big U.S. wheat supplies lies. Those stocks are now projecte...

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feed-grains soy-oilseeds wheat

Market Commentary: USDA Surprises; Market Marches Its Own Beat

While there was some red flashing early in today’s trading session, by the close all major grain and oilseed contracts were in the green. Ahead of USDA’s September WASDE report, the trade was focused on yield cuts, which had also been the principal output of various private sector c...

wheat

WASDE Soybeans - Sep 2025

Soybeans – USDA’s Sep 2025 outlook is for higher U.S. ending stocks to 300 million bushels, up 10 million from last month. The U.S. seasonal average soybean price is forecast at $10.00 per bushel, down $0.10 from last month. The soybean meal and the soybean oil prices are unchanged...

feed-grains

WASDE Corn - Sep 2025

Corn – USDA’s Sep 2025 outlook is for greater supplies, larger exports, and a slight reduction in ending stocks by 7 million bushels to 2.1 billion. The seasonal average price for corn received by producers is unchanged at $3.90 per bushel. World corn ending stocks are down 1.1 mill...

feed-grains soy-oilseeds wheat

Market Commentary: USDA Surprises; Market Marches Its Own Beat

While there was some red flashing early in today’s trading session, by the close all major grain and oilseed contracts were in the green. Ahead of USDA’s September WASDE report, the trade was focused on yield cuts, which had also been the principal output of various private sector c...

wheat

WASDE Soybeans - Sep 2025

Soybeans – USDA’s Sep 2025 outlook is for higher U.S. ending stocks to 300 million bushels, up 10 million from last month. The U.S. seasonal average soybean price is forecast at $10.00 per bushel, down $0.10 from last month. The soybean meal and the soybean oil prices are unchanged...

feed-grains

WASDE Corn - Sep 2025

Corn – USDA’s Sep 2025 outlook is for greater supplies, larger exports, and a slight reduction in ending stocks by 7 million bushels to 2.1 billion. The seasonal average price for corn received by producers is unchanged at $3.90 per bushel. World corn ending stocks are down 1.1 mill...

wheat

WASDE Wheat - Sep 2025

Wheat - USDA’s Sep 2025 outlook is for U.S. total wheat exports to increase by 25 million bushels to 900 million. That reduced ending stocks by 25 million bushels to 844 million - slightly less than last year. The projected 2025/26 seasonal average farm price is reduced by $0.20 per bushe...

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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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