Buried in the many mountains of USDA data last week was the March 2026 Prospective Plantings report. There you will find one specific figure among the many that was a record: USDA’s lowest ever prospective plantings estimate for wheat. It was not a surprise. U.S. wheat plantings and harvested acreage have been declining since what seems like forever. A long-term view shows (in the chart below) a 31 percent, 20-million-acre decline in prospective plantings since 2008. That is more acreage removed from wheat production than the current planted acreage in France and Germany combined.
There is a story here about why wheat has fallen from farmers’ grace. It starts with the 1996 Freedom to Farm Act and extends through the curre...
Russian Grain Markets: 11 - 15 May 2026 The Russian grains market showed a broadly bullish tone across the European part of the country during the week, while conditions in the Asian regions remained stable to slightly bearish. In the southern federal district, the key wheat export hub, prices...
World Perspectives, Inc. is pleased to announce a new member to our team. Cortney Zimmerman joined WPI in January as the Communications Manager. In this role, she supports the editing, production, and publication of the firm’s market analysis and written reports, working closely with anal...
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 “...
What You Need to Know Today: Excitement over China’s agreement to purchase $17 billion of U.S. ag commodities subsided, as traders are cautious amid the yet-unspecified allocation of those purchases. Monday’s Crop Progress report did not significantly change the narrative for corn...
