WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and an...

Key Market Insights Macros: Macro markets traded a sharp shift in tone Wednesday as traders aggressively pulled risk premium from the market on growing opt...

Gutless politicians are an unsurprising feature, but are nonetheless disappointing. Their constituents often do not care why beef prices are high; they jus...

Beef packer margins deteriorated to -$184/head last week, down $84 from the prior week as sharply higher fed cattle prices outpaced a modest rebound in the...

Jul 26 Corn closed at $4.685/bushel, down $0.115 from yesterday's close.  Jul 26 Wheat closed at $6.1725/bushel, down $0.105 from yesterday's close.&n...

Russian Grain Markets: 27 April - 1 May 2026 The Russian grains market remained volatile but predominantly bullish during the week in review. However, rubl...

What You Need to Know Today: U.S. naval escorts through the Strait of Hormuz and renewed Iranian attacks on vessels and UAE infrastructure are sustaining...

The House Energy and Commerce Subcommittee on Health held a hearing on legislative proposals concerning food regulation and oversight. The hearing was focu...

Jul 26 Corn closed at $4.8/bushel, down $0.0575 from yesterday's close.  Jul 26 Wheat closed at $6.2775/bushel, down $0.1325 from yesterday's close.&n...

Decline of China Ag Import Market The media has focused on China’s self-sufficiency effort in agriculture and its implications. In a largely politica...

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt and Algeria, in addition to Israel, are being monitored by Ukraine as possible desti...

What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical...

The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away fro...

All eyes are shifting to the Senate following the House passage of a farm bill last Thursday. Senate Agriculture Committee Chair John Boozman (R-Arkansas)...

Jul 26 Corn closed at $4.8575/bushel, up $0.055 from yesterday's close.  Jul 26 Wheat closed at $6.41/bushel, up $0.0325 from yesterday's close. ...

CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind su...

The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the stre...

Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent gr...

Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and...

Jul 26 Corn closed at $4.8025/bushel, up $0.055 from yesterday's close.  Jul 26 Wheat closed at $6.3775/bushel, up $0.01 from yesterday's close. ...

WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporat...

Key Market Insights Macros: Inflation isn’t cooling — it’s moving higher again. March PCE inflation (Personal Consumption Expenditures in...

An amendment to the U.S. House farm bill, aiming to remove the Save Our Bacon Act language in Section 12006 that would have stripped language to prohibit C...

WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and an...

Jul 26 Corn closed at $4.7475/bushel, down $0.03 from yesterday's close.  Jul 26 Wheat closed at $6.3675/bushel, down $0.1625 from yesterday's close.&...

What Matters Today... Fed holds rates steady as inflation uncertainty tied to the Iran conflict pressures equities and supports broader commodity risk pre...

Jul 26 Corn closed at $4.7775/bushel, up $0.0225 from yesterday's close.  Jul 26 Wheat closed at $6.53/bushel, down $0.0475 from yesterday's close.&nb...

Russian Grain Markets: 20-24 April 2026 During the week in review, the Russian grains market remained volatile with a broadly bullish undertone. However, i...

Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resista...

Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, wh...

The overarching concern for China is that the rising cost of energy will reduce global trade demand at the same time that countries are becoming more prote...

Jul 26 Corn closed at $4.755/bushel, up $0.0625 from yesterday's close.  Jul 26 Wheat closed at $6.5775/bushel, up $0.28 from yesterday's close. ...

Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat...

Beef packer margins improved to -$100/head last week, up $28 from the prior week as the Choice cutout stabilized following its brief post-Easter decline wh...

Friday’s CFTC report showed funds adding to net long position across the major ag futures contracts after a two week break as deteriorating negotiati...

Jul 26 Corn closed at $4.6925/bushel, up $0.0575 from yesterday's close.  Jul 26 Wheat closed at $6.2975/bushel, up $0.13 from yesterday's close. ...

The big picture for commodity markets is that imperfect weather and the lack of a peace deal in the Middle East are mandating that traders keep risk premia...

The House will vote on the farm bill this Thursday. This afternoon, the House Rules Committee is meeting to consider the rule for the House’s conside...

Anxiousness and Petulance The U.S. war with Iran has come down to endurance. Washington sees Iran getting squeezed as the blockade eventually causes Iran&r...

Argentina Corn Intermittent rains of varying intensity continue to disrupt Argentina’s corn harvest across key agricultural regions. Dry windows have...

Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.&...

This is the limbo period between the expectations and reality of a new crop going into the ground. Prices gyrate in a narrow range, awaiting something more...

Kevin Warsh, formerly a member of the Federal Reserve Board, has been nominated by President Trump to be the Chairman of the Federal Reserve. Trump has lon...

Previous administrations—including that of President Donald Trump—have promoted domestic consumption of corn and soybeans through expanded biof...

May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close.&nbs...

The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions i...

Senators Jim Justice (D-West Virginia), John Fetterman (D-Pennsylvania), Shelley Moore Capito (R-West Virginia), and Michael Bennet (D-Colorado) introduced...

Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing anoth...

WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and an...

Key Market Insights Markets aren’t trading fundamentals right now—they’re pricing risk. The Middle East remains the center of gravity, a...

Functional Dysfunction  Europe has contended that Donald Trump’s attempt to address the decades-long harm caused by Iran’s theocratic regi...

May 26 Corn closed at $4.5425/bushel, up $0.005 from yesterday's close.  Jul 26 Wheat closed at $6.07/bushel, down $0.0575 from yesterday's close.&nbs...

Russian Grain Markets: 13-17 April 2026 The Russian grains market remained relatively stable during the week, pressured by ample global wheat supply, stron...

Key Takeaways: Wheat markets are supported by U.S. weather risk, though EU fundamentals remain bearish on strong supply, weak demand, and currency pressur...

May 26 Corn closed at $4.5375/bushel, up $0.0175 from yesterday's close.  Jul 26 Wheat closed at $6.1275/bushel, up $0.0675 from yesterday's close.&nb...

For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by th...

Economy The National Bureau of Statistics says China’s GDP grew 5 percent year-over-year in Q1 2026. Other sources contend that the Iran war has help...

House Agriculture Committee Chairman Glenn Thompson (R-Pennsylvania) has been working with Republican leadership to build momentum for a farm bill floor vo...

Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan has a Saudi Arabia-backed irrigation program that it says will increase wheat pro...

Beef packer margins deteriorated further, falling to -$129/head last week, down $38 from the prior week as a continued seasonal softening in the Choice cut...