World Perspectives
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Monday’s delayed CFTC report showed managed money traders shifting from a neutral to a more bearish sentiment across the ag space. Funds added 63,000 contacts (360 percent) to their small net short across all ag futures last week and now hold a bearish position of 81,000 contracts short. That short is likely larger now, given the sharp selloff that developed during Monday’s trade, which likely offset short covering ahead of the July 4th holiday.  Through last Tuesday’s CFTC reporting deadline, funds ...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Syria reports that the wheat collected in the North/East region since 5 June is at 282,000 MT. The government adds that the wheat received this year is of lower quality due to low rainfall and high temperatures. Yemeni Houthi rebe...

livestock

Livestock Industry Margins

Beef packer margins were positive for the second straight week with holiday grilling demand supporting the beef market and packer profits. Packers have done an incredible job managing margins this summer and in just  three weeks swung from the deepest losses on record to well above breakev...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Sink on Ideal Weather; Cattle Rally Despite Feeder Imports Resuming

Grain markets gapped-lower on the Sunday night opening after a weekend of uneventful and favorable weather that was absent of any significant trade news. The weakness continued into the day session with corn and soybeans turning in the biggest losses for the day as the weather outlook continues...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Syria reports that the wheat collected in the North/East region since 5 June is at 282,000 MT. The government adds that the wheat received this year is of lower quality due to low rainfall and high temperatures. Yemeni Houthi rebe...

livestock

Livestock Industry Margins

Beef packer margins were positive for the second straight week with holiday grilling demand supporting the beef market and packer profits. Packers have done an incredible job managing margins this summer and in just  three weeks swung from the deepest losses on record to well above breakev...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Sink on Ideal Weather; Cattle Rally Despite Feeder Imports Resuming

Grain markets gapped-lower on the Sunday night opening after a weekend of uneventful and favorable weather that was absent of any significant trade news. The weakness continued into the day session with corn and soybeans turning in the biggest losses for the day as the weather outlook continues...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 7 July)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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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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