World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Profits and a Breather

Commodity futures opened rather volatile, dancing around both sides of nowhere before settling down to a mixture of some profit-taking, and a breather based on a lack of new inputs. After all, war and weather become anyone’s guess.  The recent flood of capital seeking safe harbor from inflation may have capped its course for now, but the underlying question remains on whether the fundamentals are sound. After all, high prices and a slowing economy may temper the demand side for more elastic items like meat. Then there is the opposite implications of a lack of fertilizer. None of the USDA analysts at a data users’ meeting today cared to venture out on this influential topic, simply deferring participants to await the May WA...

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feed-grains soy-oilseeds wheat

Market Commentary: Cattle are Hot Again, Grain Not so Much

Despite assurances from Treasury Secretary Scott Bessent and the announcement this morning of nearly a half million tons of new soybean sales to China, the trade just doesn’t see the plausibility of a full 12 MMT of beans being bought near-term by Beijing. Particularly not when commitment...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4475/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.3575/bushel, down $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.0525/bushel, down $0.1425 from yesterday's close.  Jan 26 Soymeal closed at $307.4/short ton, down...

feed-grains soy-oilseeds wheat

2026 Acreage Outlook: Expected Crop Shifts Diminishing

WPI’s second fall acreage forecasts for the 2026 U.S. crop year show producers executing a mild expansion of soybean acres that will not quite offset corn area losses while simultaneously reducing wheat area. Producers are also expected to keep minor crop acreage essentially unchanged, wh...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle are Hot Again, Grain Not so Much

Despite assurances from Treasury Secretary Scott Bessent and the announcement this morning of nearly a half million tons of new soybean sales to China, the trade just doesn’t see the plausibility of a full 12 MMT of beans being bought near-term by Beijing. Particularly not when commitment...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4475/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.3575/bushel, down $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.0525/bushel, down $0.1425 from yesterday's close.  Jan 26 Soymeal closed at $307.4/short ton, down...

feed-grains soy-oilseeds wheat

2026 Acreage Outlook: Expected Crop Shifts Diminishing

WPI’s second fall acreage forecasts for the 2026 U.S. crop year show producers executing a mild expansion of soybean acres that will not quite offset corn area losses while simultaneously reducing wheat area. Producers are also expected to keep minor crop acreage essentially unchanged, wh...

USMCA Review Underway

U.S. trade officials have started the formal review process for the U.S.-Mexico-Canada Agreement (USMCA), inviting public comment ahead of next year's renegotiation of the pact. Under the process, the Office of the U.S. Trade Representative (USTR) will eventually be required to provide reports...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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