World Perspectives
feed-grains soy-oilseeds biofuel

China In-Country Analysis

Macro Trends 2017 Ag Output Up Despite Lagging Growth Rates Annual data released by China’s National Bureau of Statistics shows the country’s total ag output was up year on year in 2017. Field crop production (including soybeans, wheat, corn, rice, beans, fruits and vegetables) increased 0.3 percent to 617.9 MMT from 616.05 MT in 2016. At the same time, total planted acreage fell 0.7 percent to 112.2 million hectares (277.25 million acres). Improved production efficiencies in corn and cotton pushed the average yield to 5.5 MT/hectare (13.59 MT/acre, up 1 percent from 2016. On the livestock front, output was fairly stagnant with the exception of beef production, which rose 1.3 percent to 7.26 MMT. Meanwhile, pork output was up...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 5 May)

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...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 25 Wheat closed at $5.36/bushel, up $0.0475 from yesterday's close.  Jul 25 Soybeans closed at $10.4125/bushel, down $0.0425 from yesterday's close.  Jul 25 Soymeal closed at $293/short ton, down $2.5 fr...

Dollar Exchange Rate Impacts on Trade

President Trump is using tariffs to rectify what he asserts is the unfair practices by other countries. He also accuses trading partners of currency manipulation. He is correct that currency exchange rates impact the competitiveness of U.S. exports. USDA’s Economic Research Service mainta...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 5 May)

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...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 25 Wheat closed at $5.36/bushel, up $0.0475 from yesterday's close.  Jul 25 Soybeans closed at $10.4125/bushel, down $0.0425 from yesterday's close.  Jul 25 Soymeal closed at $293/short ton, down $2.5 fr...

Dollar Exchange Rate Impacts on Trade

President Trump is using tariffs to rectify what he asserts is the unfair practices by other countries. He also accuses trading partners of currency manipulation. He is correct that currency exchange rates impact the competitiveness of U.S. exports. USDA’s Economic Research Service mainta...

Recession Watch

Real GDP dipped at a -0.3 percent annual rate in Q1, the first decline for any quarter since 2022. However, the main reason was that trade with other countries accounted for the largest drag on the economy for any quarter since at least 1947, as both consumers and companies loaded up on goods f...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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