World Perspectives
feed-grains

AM Outlook - Bearish Tone

GOOD MORNING, Prices opened on a mixed note overnight, higher beans and wheat, lower corn.  Weather is wide open for harvest.  Soyoil futures opened lower vs. meal, and the EPA did not publish any biofuel mandate guidance as rumored last Friday.   Beans continue to have a bid currently, as there is simply more chatter that China has been in the market actively purchasing despite a lack of export sales last week.   The big event of the week will be the Sep. Quarterly Stocks report due out on Thursday, and expect more position - squaring into the numbers.  Here are the average advertised guesses for Sep. 1 stocks:  beans:  0.174 bln bu corn:  1.153 bln bu wheat:  1.855 bln bu Outsid...

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Market Commentary: King Corn Flexes Dominance; Soybeans Rise on Acreage Data; Cattle Surge

The August WASDE is almost always a market-moving event for at least one commodity, and Tuesday’s report was no different. Tuesday’s trade started off with some trepidation after China increased the import duty on Canadian rapeseed to 75.8 percent, which caused canola futures to cra...

Consumption Taxes; Food Costs and Adaptation

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WASDE Soybeans - August 2025

USDA reduced their estimate for U.S. soybean production for 2025/26 to 4.3 billion bushels, down 43 million. U.S. ending stocks are forecast at 290 million bushels, down 20 million from last month. The U.S. seasonal average farm price for soybean is unchanged at $10.10 per bushel. The soybean m...

feed-grains soy-oilseeds wheat

Market Commentary: King Corn Flexes Dominance; Soybeans Rise on Acreage Data; Cattle Surge

The August WASDE is almost always a market-moving event for at least one commodity, and Tuesday’s report was no different. Tuesday’s trade started off with some trepidation after China increased the import duty on Canadian rapeseed to 75.8 percent, which caused canola futures to cra...

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soy-oilseeds

WASDE Soybeans - August 2025

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feed-grains

WASDE Corn - August 2025

USDA’s first survey-based corn yield forecast is a record 188.8 bushels per acre, which is 7.8 bushels higher than last month’s projection. U.S. exports are increased 200 million bushels to a record 2.9 billion bushels. Regardless, U.S. ending stocks are up 457 million bushels to 2...

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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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