Jul 26 Corn closed at $4.7525/bushel, down $0.0175 from yesterday's close. Jul 26 Wheat closed at $6.6725/bushel, up $0.0275 from yesterday's close.&...
Articles
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Iran is said to import about 20 million MT of grains and oilseeds annually through Persian...
Market Commentary: Assumptions, Uncertainty, Volatility
What You Need to Know Today: Markets opened double digits higher Sunday evening following the release of Chinese and American official summaries of bilater...
Texas Joins Beef Antitrust Effort
Texas Attorney General Ken Paxton on Friday launched an investigation into the beef industry over potential anticompetitive conduct among the nation’...
WPI Crop Progress and Conditions App (Updated 18 May)
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly re...
Summary of Futures
Jul 26 Corn closed at $4.77/bushel, up $0.2125 from yesterday's close. Jul 26 Wheat closed at $6.645/bushel, up $0.2875 from yesterday's close. ...
Mercosur Regional Analysis
Corn Argentina’s corn harvest remains virtually stalled as producers continue prioritizing the soybean harvest, which has advanced rapidly in recent...
Market Commentary: Funds Come Off Their High Horse
With no bullish surprise out of Beijing this week and good weather taking over many global crop areas, funds spent the past couple of days selling off the...
Trump-Xi Bilateral Meeting Over
The long-awaited meeting between President Trump and President Xi of China has concluded, and details are elusive, though Trump stated today that he and Xi...
Summary of Futures
Jul 26 Corn closed at $4.5575/bushel, down $0.1175 from yesterday's close. Jul 26 Wheat closed at $6.3575/bushel, down $0.2225 from yesterday's close...
Wheat Prospects in China and India: Much Ado About Nothing?
Key Takeaways Weather conditions in China and India are deteriorating and threatening the wheat crops. Drought conditions in China are not without p...
Farm Labor: Fix What is Broken?
We at WPI hear frequently that U.S. agriculture is broken and needs fixing. This argument is often heard in MAHA-related discussions and focuses on highly...
Market Commentary: Lack of China Specifics Sink Market
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermi...
Administration to Suspend TRQ Waiver on Beef
On Tuesday, 12 May, WPI reported on an Executive Order being prepared by the Trump Administration to suspend tariff rate quotas (TRQs) on beef from all exp...
Transportation Perspectives - May 14
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag P...
Summary of Futures
Jul 26 Corn closed at $4.675/bushel, down $0.1325 from yesterday's close. Jul 26 Wheat closed at $6.58/bushel, down $0.175 from yesterday's close.&nb...
WASDE Soybeans - May 2026
USDA’s initial outlook for 2026/27 U.S. soybeans is that increased production will be offset by strong demand for soybean oil as a biofuel. The soybe...
WASDE Corn - May 2026
USDA’s initial outlook for 2026/27 corn is that the U.S. remains the largest global exporter. The season-average farm price is projected to increase...
WASDE Wheat - May 2026
USDA’s initial outlook for 2026/27 U.S. wheat is for a significant reduction in Hard Red Winter wheat: The expectation is for an 18 percent decline i...
Market Commentary: War, Weather, and Waiting
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly...
Policy Roundup
A federal appeals court paused a USITC ruling against President Trump’s use of Section 122 to impose 10-percent global tariffs. A bipartisan gr...
Black Sea Regional Analysis
Russian Grain Markets: 4 - 8 May 2026 During the week under review, the Russian grain market began showing more bullish sentiment despite the traditionally...
Summary of Futures
Jul 26 Corn closed at $4.8075/bushel, up $0.0075 from yesterday's close. Jul 26 Wheat closed at $6.755/bushel, down $0.035 from yesterday's close.&nb...
Market Commentary: USDA Slashes Wheat Outlook, Soy Balance Sheet Heavily Yield-Dependent
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri...