World Perspectives
soy-oilseeds livestock

Beans Make Meat

The USDA/FAS attaché in Lagos says that Nigerian soybean production and consumption is back on the rise. Soybean consumption will rise 38 percent in 2021/22 and production is up 43 percent compared to the estimate for 2020/21. Based on historical demand, this likely means that the country’s poultry production is also rising again after both it and soybean production stalled out in 2019/20.  Nigeria has been underperforming in agriculture for several years despite many efforts to formalize its poultry production in lieu of the traditional bush meat (pangolin, crocodile, grass cutters) that is consumed. Not only will poultry production improve the diet of the average Nigerian, but it will also preserve wildlife and help red...

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Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq’s Agriculture Ministry announced that the planting of wheat and barley will be “severely reduced” due to low water reserves. Barley planting is going to be almost totally stopped. Vegetable growing and drip-...

feed-grains soy-oilseeds wheat

Market Commentary: Ephemeral Trump Bump

The U.S. – China tariff war truce technically expires tomorrow and in negotiating its extension, President Trump decided to signal his hope that Beijing would purchase some U.S. soybeans. There is no indication that this will be the end result, but in futures it is buy the rumor. Tomorrow...

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Summary of Futures

Dec 25 Corn closed at $4.0775/bushel, up $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.15/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.1125/bushel, up $0.2375 from yesterday's close.  Dec 25 Soymeal closed at $290.2/short ton, up $5 from y...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq’s Agriculture Ministry announced that the planting of wheat and barley will be “severely reduced” due to low water reserves. Barley planting is going to be almost totally stopped. Vegetable growing and drip-...

feed-grains soy-oilseeds wheat

Market Commentary: Ephemeral Trump Bump

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.0775/bushel, up $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.15/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.1125/bushel, up $0.2375 from yesterday's close.  Dec 25 Soymeal closed at $290.2/short ton, up $5 from y...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat and Boosting Production Margins With 6.7 million hectares sown, the 2025/2026 season wheat crop has been planted and it marks one of Argentina’s most promising crops on record. Although some fields were waterlogged, more than 80 percent of the area had water conditions ranging from...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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