World Perspectives
livestock

China Driving Changes in Brazilian Beef Production

Brazil last week reported a case of atypical Bovine Spongiform Encephalopathy (BSE); it was discovered in a seven-year-old cow in the northern state of Pará. About 25 percent of Brazil’s beef herd is in the northern region. Lab tests from the World Organization for Animal Health facility in Alberta are expected this week. According to a statement from the Ministry of Agriculture (MAPA), “Based on the result, the appropriate actions will be applied immediately.” Compare that with the cases in 2021. MAPA confirmed on 4 September 2021, two atypical cases BSE in New Canaã do Norte (MT) and Belo Horizonte (MG). However, those cases were not reported for months. As a result, Saudi Arabia, Egypt, Indonesia, Iran, t...

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FOB Prices and Freight Rates App (Updated 22 April)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

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.  May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close.  Jul 26 Soymeal closed at $321.2/short ton, up $0 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on Weather, Biofuel Demand Prospects

For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by the geopolitical risk and crude oil’s rally. Recently, the impact of this risk and crude oil on the ag markets has faded, leaving crop f...

FOB Prices and Freight Rates App (Updated 22 April)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

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.  May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close.  Jul 26 Soymeal closed at $321.2/short ton, up $0 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on Weather, Biofuel Demand Prospects

For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by the geopolitical risk and crude oil’s rally. Recently, the impact of this risk and crude oil on the ag markets has faded, leaving crop f...

China Market Analysis

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 helped pull the economy out of deflation and that it is now in the middle stages of a multi-year correction. The data for the agriculture sector...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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