World Perspectives
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WPI Crop Progress and Conditions App (Updated 24 November)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where observations are missing for a given week in a given year, we add another preceding year to estimate the average. For example, if the last five years range from 2017-2021 but data week and data series is missing for 2018, we calculate the five-year average based on the years 2016, 2017, 2019, 2020, and 2021. This may occasionally create slight differences between our estimated 5-year aveage and USDA’s. We are working to assess the best way to rem...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4675/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0.075 from yesterday's close.  Mar 26 Soybeans closed at $10.67/bushel, up $0.1075 from yesterday's close.  Mar 26 Soymeal closed at $305.4/short ton, up $5.9 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Export Chatter Lifts Soymeal, Soybeans; Weather Worries Boost Wheat

The CBOT renewed its early-week strength at mid-week and turned higher with soybeans and soymeal in the lead. Fresh news was light for the day, but markets responded positively to rumors of export business getting done for soybeans and soymeal, with wheat gaining on an increasingly warm and les...

FOB Prices and Freight Rates App (Updated 7 January)

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 “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4675/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0.075 from yesterday's close.  Mar 26 Soybeans closed at $10.67/bushel, up $0.1075 from yesterday's close.  Mar 26 Soymeal closed at $305.4/short ton, up $5.9 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Export Chatter Lifts Soymeal, Soybeans; Weather Worries Boost Wheat

The CBOT renewed its early-week strength at mid-week and turned higher with soybeans and soymeal in the lead. Fresh news was light for the day, but markets responded positively to rumors of export business getting done for soybeans and soymeal, with wheat gaining on an increasingly warm and les...

FOB Prices and Freight Rates App (Updated 7 January)

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 “How To”...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 29 December 2025–02 January 2026 Russia’s grain market remained bearish during the final week of December, with most fundamentals continuing to pressure prices and preventing authorities from setting higher export duties. The country will remain heavily export...

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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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