World Perspectives
feed-grains soy-oilseeds wheat

Closing Bell Wrap-Up

The July WASDE came out bullish corn and wheat while bearish U.S. soybeans. World wheat ending stocks are forecast 4.6 percent less than last year while corn ending stocks could fall 20.7 percent form 2017/18 figures by the end of the new marketing year. World soybean ending stocks, thanks to the U.S. and China, are set to grow 2.3 percent in the coming year.  USDA was widely expected to reduce the U.S. soybean export number in today’s report and the agency did not disappoint, cutting the forecast 250 million bushels and adding 195 million of that to ending stocks. The report was decidedly bearish soybeans.  USDA decreased expectations of 2018/19 U.S. corn ending stocks by 1.6 percent even after increasing production for...

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feed-grains soy-oilseeds wheat

Market Commentary: Absent Chinese Demand, Supply Dominates the Mood

Markets were over-weight on the Xi – Trump phone call this morning. The phone call went well enough but after it became clear there was no deal on ag or soybeans, the latter turned south. Beans and meal had traded higher overnight and at the open, but like all three wheats, closed on loss...

livestock

Cattle of Feed - Sep 2025

U.S. Cattle on Feed in feedlots with capacity of 1,000 or more head totaled 11.1 million head on September 1, 2025. The inventory was 1 percent below September 1, 2024.  Placements in feedlots during August totaled 1.78 million head, 10 percent below 2024.  Marketings of fed cattle du...

livestock

Cattle on Feed Report Shows Record Low Marketings

USDA’s monthly Cattle on Feed report was released today at 3 p.m. Total cattle on feed amounted to 11.1 million head, 99 percent of last year, as expected.    Placements and marketings came in slightly more bullish than the pre-report estimates, but still close, within one perc...

feed-grains soy-oilseeds wheat

Market Commentary: Absent Chinese Demand, Supply Dominates the Mood

Markets were over-weight on the Xi – Trump phone call this morning. The phone call went well enough but after it became clear there was no deal on ag or soybeans, the latter turned south. Beans and meal had traded higher overnight and at the open, but like all three wheats, closed on loss...

livestock

Cattle of Feed - Sep 2025

U.S. Cattle on Feed in feedlots with capacity of 1,000 or more head totaled 11.1 million head on September 1, 2025. The inventory was 1 percent below September 1, 2024.  Placements in feedlots during August totaled 1.78 million head, 10 percent below 2024.  Marketings of fed cattle du...

livestock

Cattle on Feed Report Shows Record Low Marketings

USDA’s monthly Cattle on Feed report was released today at 3 p.m. Total cattle on feed amounted to 11.1 million head, 99 percent of last year, as expected.    Placements and marketings came in slightly more bullish than the pre-report estimates, but still close, within one perc...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.24/bushel, up $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.225/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.255/bushel, down $0.12 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, down $0.7 fro...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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