World Perspectives
feed-grains soy-oilseeds wheat

Where Angels Fear to Tread

As Mike Krueger noted yesterday, among the 1 June quarterly stocks estimates that USDA will release this Friday, 29 June, the quarterly corn stocks number is far and away the most important to the market. With 2011/12 old crop corn in apparent tight supply, this number is what analysts and traders will focus on. And the importance of the corn stocks grows as dry weather conditions and stressful heat across the Corn Belt threaten to turn the outlook for an enormous 2012 U.S. corn crop into something else.Part of the attention that will be focused on the 1 June corn stocks estimate stems from the pattern of erratic quarterly corn stocks estimates that go back nearly 18 months. Estimating how much corn is being used on a quarterly basis is u...

Related Articles

Who is Paying for U.S. Tariffs?

Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 percent at the beginning of the year to 13 percent by year-end. It then spiked in April and May, when tariffs on Chinese goods were raised by 125 percentage points, before being reversed by 115 percentage points...

feed-grains soy-oilseeds wheat

WPI Spring Acreage Outlook

Heading into the USDA’s annual Ag Outlook Forum (AOF) next week, there is heightened speculation and anticipation about what the 2026/27 crop outlook will be. WPI updated our acreage forecasting models to help clients know what to expect—most likely—from the upcoming AOF forec...

Transportation and Export Report - 13 February 2026

U.S. grain transportation markets are slowly recovering from the shocks of bitter cold weather and low water levels on the Mississippi River System and from the surge in export demand. The latter is also causing strong rallies in ocean freight markets, particularly in the Atlantic basin. With g...

Who is Paying for U.S. Tariffs?

Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 percent at the beginning of the year to 13 percent by year-end. It then spiked in April and May, when tariffs on Chinese goods were raised by 125 percentage points, before being reversed by 115 percentage points...

feed-grains soy-oilseeds wheat

WPI Spring Acreage Outlook

Heading into the USDA’s annual Ag Outlook Forum (AOF) next week, there is heightened speculation and anticipation about what the 2026/27 crop outlook will be. WPI updated our acreage forecasting models to help clients know what to expect—most likely—from the upcoming AOF forec...

Transportation and Export Report - 13 February 2026

U.S. grain transportation markets are slowly recovering from the shocks of bitter cold weather and low water levels on the Mississippi River System and from the surge in export demand. The latter is also causing strong rallies in ocean freight markets, particularly in the Atlantic basin. With g...

feed-grains soy-oilseeds wheat

Market Commentary: China Headlines and Technical Buying Lift CBOT

Key Market Developments Markets head into Friday’s CPI report expecting a 0.3 percent month-over-month increase in both headline and core inflation, keeping year-over-year readings near +2.5 percent. That matters — but perhaps not as much as it would have a few weeks ago. This week&...

Image
From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up