World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

As expected on the day before major USDA reports, overnight trading volume in grain and soy futures was subdued. In price action, soybeans were 2-3 cents higher, wheat was 6-7 cents lower, and corn was near unchanged. This same price pattern was maintained through the first half of the day session. Then about mid-session, strong rumors that Sinograin and COFCO were buying U.S. soybeans began to circulate. Details are not firm, but cash traders estimate that the total to be at least 2.0 MMT, possibly up to 2.5 MMT, with shipment for July-October. These purchases would be against the last 10 MMT promised by Vice-Premier Liu a few weeks ago and add to the approximate 2 MMT bought previously. There are also reports that the two state-owned comp...

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feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Locks Limit Up Again; Wheat, Corn Fall; New Highs for Hogs

Soyoil remained the star of the CBOT on Monday and locked limit-up for the second day following the surprisingly bullish EPA RVO mandates released Friday. That carried soybeans and ICE canola futures higher – along with other vegoil markets – for the day, but soybean and soyoil were...

feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.3475/bushel, down $0.0975 from yesterday's close.  Jul 25 Wheat closed at $5.365/bushel, down $0.0725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0 from yesterday's close.  Jul 25 Soymeal closed at $283.7/short ton, down $8.2 f...

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Proposed RVOs: Record Levels of Biomass Based Diesel

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feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Locks Limit Up Again; Wheat, Corn Fall; New Highs for Hogs

Soyoil remained the star of the CBOT on Monday and locked limit-up for the second day following the surprisingly bullish EPA RVO mandates released Friday. That carried soybeans and ICE canola futures higher – along with other vegoil markets – for the day, but soybean and soyoil were...

feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.3475/bushel, down $0.0975 from yesterday's close.  Jul 25 Wheat closed at $5.365/bushel, down $0.0725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0 from yesterday's close.  Jul 25 Soymeal closed at $283.7/short ton, down $8.2 f...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 June)

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

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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