World Perspectives
feed-grains soy-oilseeds biofuel

China In-Country Analysis

Oilseeds Soymeal Inventory Ends 2017 With Fourth Straight Weekly Increase China’s nationwide estimated soymeal inventory continued to rise for four straight weeks, reaching 924,300 MT as of 29 December. This amounts to a weekly increase of 32,500 MT (+3.6 percent) and a two-week expansion of 118,100 MT (+14.6 percent). The total was also 367,600 MT (+66 percent) higher than the same week in 2016. At the regional level, inventories dropped in just two areas, falling 6,100 MT (-18 percent) to 27,700 MT in North China and 15,200 MT (-13.4 percent) to 98,600 MT in Shandong Province. This was the third consecutive week of a decrease in the former and the second week for the latter as inventories everywhere else continued to climb. &nb...

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feed-grains soy-oilseeds wheat

Market Commentary: Corn Firms on Surprise Export Demand; Soy Complex Drifts Lower

The CBOT was mixed on Tuesday following Monday’s drubbing across the grains and oilseeds markets. Tuesday saw continued selling pressure in the soy complex as funds turn increasingly bearish amid a favorable supply outlook for 2025. The grains sector saw a bit more support with wheat risi...

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...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Firms on Surprise Export Demand; Soy Complex Drifts Lower

The CBOT was mixed on Tuesday following Monday’s drubbing across the grains and oilseeds markets. Tuesday saw continued selling pressure in the soy complex as funds turn increasingly bearish amid a favorable supply outlook for 2025. The grains sector saw a bit more support with wheat risi...

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...

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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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