World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

The lack of a clear direction from China’s central government regarding the unwinding of domestic corn reserves and the huge buildup of cornstarch inventories continues to weigh on corn prices and the deep corn processing industry. Last week's average domestic corn price fell RMB 80/MT ($12.30/MT) to RMB 1,870/MT ($288.10/MT). Oilseeds Soymeal Inventories Continue to Rise A combination of increased soybean shipment arrivals from Brazil, higher-than-expected utilization rates and ongoing sluggish demand pushed up estimated soymeal inventories for the second week in a row. They totaled 800,000 MT last week, the second straight 90,000 MT gain (+12.67 percent) over the prior week and a 30,000 MT increase versus the same week in 2015. Among t...

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FOB Prices and Freight Rates App (Updated 30 April)

Transportation and Freight Market Comments - 25 April 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets turned higher this week as buyers booked May-June cargoes after the USTR said the 301 port fees against Chinese vessels will not start until October. Shipping lines remain reluc...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 21 – 25 April 2025 Crop Outlook 2025 The spring planting campaign in Russia is in full swing. Fifty-six regions of Russia are reportedly planting spring crops, and this season is showing much better speed than last year. To date, around 10.5 million hectares (Mha) a...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle Extend Record Rally; Wheat Finds New Lows; Corn, Soyoil Collapse

The CBOT tried to rally overnight and posted some slight gains heading into the morning break, but thereafter the market quickly found selling pressure. Monday’s favorable Crop Progress and conditions report from USDA offered much of the justification for the selling pressure and helped s...

FOB Prices and Freight Rates App (Updated 30 April)

Transportation and Freight Market Comments - 25 April 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets turned higher this week as buyers booked May-June cargoes after the USTR said the 301 port fees against Chinese vessels will not start until October. Shipping lines remain reluc...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 21 – 25 April 2025 Crop Outlook 2025 The spring planting campaign in Russia is in full swing. Fifty-six regions of Russia are reportedly planting spring crops, and this season is showing much better speed than last year. To date, around 10.5 million hectares (Mha) a...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle Extend Record Rally; Wheat Finds New Lows; Corn, Soyoil Collapse

The CBOT tried to rally overnight and posted some slight gains heading into the morning break, but thereafter the market quickly found selling pressure. Monday’s favorable Crop Progress and conditions report from USDA offered much of the justification for the selling pressure and helped s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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