World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Some Odds, Some Ends, Some Notable Developments

Grain and oilseed contracts traded mixed to lower on Friday, torn between being over-weight against large yields, and under bought in the face of a late summer loss of moisture combined with a litany of potentially damaging disease outbreaks.  The number of foliar diseases that have been spotted include tar spot, Goss’s wilt, rust, white mold, iron deficiency, sudden death syndrome, etc. Illinois is the second largest corn state and the Pro Farmer tour saw some issues. Minnesota may have a corn yield over 200 bushels/acre (12.67 MT/Ha) but then it also has disease in some hybrids. Soybeans may have record pod counts but then fail to optimally fill during a dry late August. This is not to overstate the situation. The disease impac...

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livestock

Cattle on Feed on August 1, 2025

U.S. Cattle on Feed totaled 10.9 million head on August 1, 2025 and was 2 percent below August 1, 2024.  Placements in feedlots during July totaled 1.60 million head, 6 percent below 2024.  Marketings of fed cattle during July totaled 1.75 million head, 6 percent below 2024.  Oth...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.115/bushel, down $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.2725/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.585/bushel, up $0.025 from yesterday's close.  Dec 25 Soymeal closed at $291.5/short ton, down $2.7...

livestock

Livestock Roundup: Cattle on Feed Report

USDA’s monthly Cattle on Feed report was released today at 3 p.m.  Total cattle on feed amounted to 10.9 million head, 98 percent of last year.    Total placements were down 6 percent but were above the average pre-report estimate.  Marketings were down 6 percent, in...

livestock

Cattle on Feed on August 1, 2025

U.S. Cattle on Feed totaled 10.9 million head on August 1, 2025 and was 2 percent below August 1, 2024.  Placements in feedlots during July totaled 1.60 million head, 6 percent below 2024.  Marketings of fed cattle during July totaled 1.75 million head, 6 percent below 2024.  Oth...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.115/bushel, down $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.2725/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.585/bushel, up $0.025 from yesterday's close.  Dec 25 Soymeal closed at $291.5/short ton, down $2.7...

livestock

Livestock Roundup: Cattle on Feed Report

USDA’s monthly Cattle on Feed report was released today at 3 p.m.  Total cattle on feed amounted to 10.9 million head, 98 percent of last year.    Total placements were down 6 percent but were above the average pre-report estimate.  Marketings were down 6 percent, in...

WPI Grain Transportation Report

Dry Bulk markets were mixed this week with Capesize markets falling back after their recent rally while Panamax and Supramax values continue to firm. The Atlantic and Pacific markets saw diverging trends with the former seeing generally steady trade (except for spot positions) while the latter...

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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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