World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Acreage Outlooks Weaken Corn, Soy; Wheat Gains on Firmer Russian Offers

Trade at the CBOT was mostly lower heading into Thursday’s Grain Stocks and Prospective Plantings reports from the USDA, but wheat futures managed to find midday support and settle higher. Wheat’s strength came from another week of cautious gains in Russian FOB offers, which is seen as lessening that country’s grip on the global export market. Corn and the soy complex, however, were steady/lower all day with traders increasing bearish bets ahead of the acreage report. Soybeans have a slight advantage on profitability this year and so should see a large area increase, but farmers like to plant corn and the industry seems to have issued another round of upward revisions to corn planting estimates. More importantly, without a...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn Argentina’s corn harvest continues to advance slowly, with a weekly gain of less than 3 percent bringing nationwide progress to nearly 47 percent. Harvesting has begun in northwest Argentina with low but expected yields, while results are better in the Central-West region of Có...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Global grain and oilseed markets are reacting to several shocks that occurred last week, most notably the EPA’s surprise bullish renewable fuel obligations for the U.S. and the Israel-Iran conflict. Oil futures are sharply higher on the Middle East conflict that threat...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders became slightly more bullish the major ag market last week, due primarily to strong buying in the livestock and wheat complexes. Funds pared back bearish bets across the ag space by 28 percent (26,700 contracts) last week and now hold a re...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn Argentina’s corn harvest continues to advance slowly, with a weekly gain of less than 3 percent bringing nationwide progress to nearly 47 percent. Harvesting has begun in northwest Argentina with low but expected yields, while results are better in the Central-West region of Có...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Global grain and oilseed markets are reacting to several shocks that occurred last week, most notably the EPA’s surprise bullish renewable fuel obligations for the U.S. and the Israel-Iran conflict. Oil futures are sharply higher on the Middle East conflict that threat...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders became slightly more bullish the major ag market last week, due primarily to strong buying in the livestock and wheat complexes. Funds pared back bearish bets across the ag space by 28 percent (26,700 contracts) last week and now hold a re...

soy-oilseeds

WASDE Soybeans – June 2025

USDA’s outlook for 2025/26 U.S. soybeans is lower ending stocks compared with 2024/25. U.S. soybean crush for 2025/26 is projected at 2.49 billion bushels, up 70 million from the 2024/25 as higher soybean meal disappearance increases 2 percent due to greater pork and poultry production. I...

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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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