World Perspectives
feed-grains soy-oilseeds biofuel

China In-Country Analysis

Entering the fourth week of the current round of state-reserved corn auctions, total sales of over 10 MMT have exceeded market expectations. Meanwhile, there are two factors that are likely continuing to push up those sales, at least in the short run.

  Oilseeds Soymeal Inventories Soar Past 1 MMT Threshold For the second consecutive week, China’s estimated soymeal inventory blew away our monthly forecast that it would reach the 1 MMT threshold toward the end of May or the beginning of June. Because of surges across all regions, however, a weekly increase of 217,800 MT (+23.9 percent) pushed the total to 1,128,800 MT as of 12 May. This is the first time the inventory has surpassed 1 MMT since the beginning of August 2016. E...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 20-26, 2026. Wheat: Net sales of 203,100 metric tons (MT) for 2025/2026 were down 16 percent from the previous week and 42 percent from the prior 4-week average. Export shipments of 348,900 MT were down 35 percent from the previous week and 24 percent fro...

livestock

Livestock Round Up: Preview of Feedlot Placements and Changing Canada Dynamics

Feeder cattle sales were up over a year ago in February, but much of that was due to February 2025 sales being light. Still, the increase in activity bears watching, both for what it implies about feedlot placements and for herd rebuilding.  In the four weeks ending February 27, total feed...

feed-grains soy-oilseeds wheat

Market Commentary: Geopolitics, Energy, and Macro Correlations Shape Agricultural Markets

Key Market Developments Markets opened mixed after reports that Iran signaled a willingness to discuss ending the conflict with the United States. Sentiment improved further after President Trump stated that U.S. strikes had significantly degraded Iranian military capabilities and outlined meas...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 20-26, 2026. Wheat: Net sales of 203,100 metric tons (MT) for 2025/2026 were down 16 percent from the previous week and 42 percent from the prior 4-week average. Export shipments of 348,900 MT were down 35 percent from the previous week and 24 percent fro...

livestock

Livestock Round Up: Preview of Feedlot Placements and Changing Canada Dynamics

Feeder cattle sales were up over a year ago in February, but much of that was due to February 2025 sales being light. Still, the increase in activity bears watching, both for what it implies about feedlot placements and for herd rebuilding.  In the four weeks ending February 27, total feed...

feed-grains soy-oilseeds wheat

Market Commentary: Geopolitics, Energy, and Macro Correlations Shape Agricultural Markets

Key Market Developments Markets opened mixed after reports that Iran signaled a willingness to discuss ending the conflict with the United States. Sentiment improved further after President Trump stated that U.S. strikes had significantly degraded Iranian military capabilities and outlined meas...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close.  May 26 Soymeal closed at $309.9/short ton, down $...

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