World Perspectives
feed-grains soy-oilseeds wheat

Common Thread: Grading the Crystal Ball

Back on 5 January 2012 we found our crystal ball that we had misplaced tucked in the back of a closet. We dusted it off, and looked to see what it had to say about the future during the year of 2012. As we are nearing the end of the year, it is appropriate that we look to see how accurate those predictions turned out to be. Herewith is a summary of early predictions for 2012 measured by what actually happened and how we grade them. We forecast that the South American drought, then in its early stages, would continue through at least February and that soybean and corn production in Brazil and Argentina would be hurt. This would cause an increase in demand from the U.S. We said that "futures prices will rally, but will not come close to...

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feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.69/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.43/bushel, up $0.12 from yesterday's close.  Jul 25 Soybeans closed at $10.58/bushel, up $0.0775 from yesterday's close.  Jul 25 Soymeal closed at $296.9/short ton, up $2.6 from ye...

Trade Deals Being Worked on With Japan, China, and the EU

Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national...

feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.69/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.43/bushel, up $0.12 from yesterday's close.  Jul 25 Soybeans closed at $10.58/bushel, up $0.0775 from yesterday's close.  Jul 25 Soymeal closed at $296.9/short ton, up $2.6 from ye...

Trade Deals Being Worked on With Japan, China, and the EU

Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national...

FOB Prices and Freight Rates App (Updated 2 May)

Transportation and Freight Market Comments - 2 May 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets are finding some support from spot and 30-day demand but the Section 301 rules are depressing grain demand past July. Cargo orders from northern Brazil are increasing as South Amer...

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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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