World Perspectives

Big Picture Trade Snapshot

U.S agricultural exports through May (the June data will be released on Thursday) show that among the 213 categories tracked for agriculture, exports are down year-to-date from last year by 8.5 percent in value, while imports are down 0.3 percent. Overall, that is a 4.4 percent drop in two-way trade. The ag trade balance is negative at $6.78 billion, or about 4 percent of the overall two-way value of trade at $159.69 billion. The ag trade balance was positive in 2022 and 2021 but was negative in 2020 and 2019 by less than half a million dollars compared to the current ag trade deficit. The overall U.S. balance of trade in goods and services, as opposed to the ag trade balance, saw the trade deficit in June fall to $65.5 billion as both imp...

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Mar 26 Corn closed at $4.4575/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.1725/bushel, down $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.625/bushel, up $0.0125 from yesterday's close.  Mar 26 Soymeal closed at $303.7/short ton, up $0...

feed-grains soy-oilseeds wheat

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livestock

New World Screw Worm: A Threat to Dairy?

The dairy industry continues to evolve, though it is facing new challenges. Through September, milk production is up 97 pounds per head in 2025 over 2024 and has increased steadily for several years. Further, there is a migration in dairy cows, with the southern plains growing in cow numbers. T...

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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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