World Perspectives

GI Chimera; Catch Bees with Honey; AI My Eye

GI Chimera The EU-Mercosur trade agreement has hit another stumbling block after the European Parliament asked the EU’s high court to first assess the text for its legality. Once that exercise is complete, Europe’s politicians promise plenty more hurdles to stymie agricultural imports from some of the lowest-cost producers in the world.  France says it will ban imported foods containing residues of pesticides banned in Europe. Since pest pressures differ significantly between Mercosur countries and Europe, this could prove an effective non-tariff trade barrier. Brussels claims food exports to South America will grow by 50 percent, touting the agreement’s protections for Europe’s geographic indicators.  But...

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feed-grains soy-oilseeds wheat

Market Commentary: Divergent Day Highlights Divergent Outlook

The CBOT started Wednesday’s overnight trade on a high note with traders returning from the prior day’s risk-off selling and finding support from export-led grain demand. Shortly after the day session began, however, hopes of higher trade for grains quickly evaporated as funds and s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2175/bushel, down $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, down $0.025 from yesterday's close.  Mar 26 Soybeans closed at $10.645/bushel, up $0.115 from yesterday's close.  Mar 26 Soymeal closed at $291.4/short ton, down $0.2...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 12–16 January, 2026 The Russian grains market is slowly but steadily emerging from the extended holiday period. Extreme cold weather is complicating operations, but grain and oilseed receiving and loadings are continuing—albeit with delays—at Russia&rsqu...

feed-grains soy-oilseeds wheat

Market Commentary: Divergent Day Highlights Divergent Outlook

The CBOT started Wednesday’s overnight trade on a high note with traders returning from the prior day’s risk-off selling and finding support from export-led grain demand. Shortly after the day session began, however, hopes of higher trade for grains quickly evaporated as funds and s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2175/bushel, down $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, down $0.025 from yesterday's close.  Mar 26 Soybeans closed at $10.645/bushel, up $0.115 from yesterday's close.  Mar 26 Soymeal closed at $291.4/short ton, down $0.2...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 12–16 January, 2026 The Russian grains market is slowly but steadily emerging from the extended holiday period. Extreme cold weather is complicating operations, but grain and oilseed receiving and loadings are continuing—albeit with delays—at Russia&rsqu...

FOB Prices and Freight Rates App (Updated 21 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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