World Perspectives
feed-grains soy-oilseeds wheat

Crop Progress and WASDE

The theory is that USDA’s Crop Progress report ahead of a WASDE report should be indicative of changes in yield forecasts. In other words, an increase in the share of a planted crop being designated good/excellent (G/E) ahead of a WASDE report is more likely to increase the forecasted yield, and a lowering of the share categorized good/excellent is predictive of a possible lowering of forecasted yield in the next WASDE report. However, a review of this relationship in recent years indicates that the Crop Progress report has not been a good near-term predictor of changes in USDA’s forecasted yields. 2016: The Crop Progress report ahead of the June WASDE indicated improvements in the G/E ratio for corn and soybeans but there was...

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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...

Old World Order; People Not Plants; Tariff Refunds

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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 $...

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...

Old World Order; People Not Plants; Tariff Refunds

Old World Order The geopolitical impacts of the war on Iran continue, but Wall Street recovered today, aided by strong employment data. Iran announced a ban on food exports to protect its own food security. The measure will impact sales of saffron, pistachios, dates, and other products. While o...

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 $...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 23–27 February 2026 The Russian grain market turned bearish during the final week of February as global trends and heavy domestic stocks pressured values across most regions. According to updated 2025 crop data from Rosstat, total grain production reached 141.15 mil...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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