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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Last week (27 August), the European Union removed its tariffs on maize imports into the EU. The tariff was reduced to €0.28/MT on 26 August, after having been set at €5.48/MT since 12 August. The rising CBOT/U.S. Gulf values caused the adjustment and eventual elimination of the tariff, which is a “floating” rate that responds to international market values.  Milling Wheat  Wheat prices continue to firm around the world as the Northern Hemisphere harvests conclude and the world starts watching for potential production issues in Australia and Argentina. Argentina’s drought through the wheat-growing region is well known now and the odds of a La Nina weather event influencing both tha...

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feed-grains soy-oilseeds wheat

Market Commentary: Court Ruling Rattles Markets; Corn Rallies on Export Demand

The CBOT was sharply lower to start the holiday-shortened trading week with Friday’s ruling that President Trump’s tariffs may be illegal throwing ag and other markets into confusion. The ruling makes unclear the outlook for negotiating further trade deals – or even continuing...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.23/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.2825/bushel, down $0.06 from yesterday's close.  Nov 25 Soybeans closed at $10.41/bushel, down $0.135 from yesterday's close.  Dec 25 Soymeal closed at $283.8/short ton, down $5.2 fr...

SCO versus West

Instead of focusing on foes, the transatlantic alliance needs to remediate itself. Media reactions to this past weekend’s Shanghai Cooperation Council was telling. The New York Times was shocked that Russian President Vladimir Putin has “friends.” CNN called it “stark op...

feed-grains soy-oilseeds wheat

Market Commentary: Court Ruling Rattles Markets; Corn Rallies on Export Demand

The CBOT was sharply lower to start the holiday-shortened trading week with Friday’s ruling that President Trump’s tariffs may be illegal throwing ag and other markets into confusion. The ruling makes unclear the outlook for negotiating further trade deals – or even continuing...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.23/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.2825/bushel, down $0.06 from yesterday's close.  Nov 25 Soybeans closed at $10.41/bushel, down $0.135 from yesterday's close.  Dec 25 Soymeal closed at $283.8/short ton, down $5.2 fr...

SCO versus West

Instead of focusing on foes, the transatlantic alliance needs to remediate itself. Media reactions to this past weekend’s Shanghai Cooperation Council was telling. The New York Times was shocked that Russian President Vladimir Putin has “friends.” CNN called it “stark op...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 2 September)

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...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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