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feed-grains soy-oilseeds wheat

Market Commentary

The CBOT turned lower this morning after China confirmed that it would not roll back tariffs on soybeans like it said it will for other products. That news, combined with an Argentina-China trade agreement (more details in the Soybean section of this report), pressured soybeans and soymeal and generally put traders in a selling mood. Funds are rumored to have sold most of what they purchased yesterday, though buying interest was notable as prices moved towards support levels. Corn, wheat, and soybeans all finished the day in the red with notable buy corn/sell wheat and buy soyoil/sell soymeal spread trading.  Weather patterns remain favorable for U.S. crops (bearish prices) but somewhat worrisome (bullish prices) for South America. U...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 28 April)

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

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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