World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

There is not much to say about today’s grain and soy futures markets. Traders are cautious ahead of tomorrow’s November WASDE, much as they should be even though no fireworks are expected. The market consensus seems to be that the yield, production and ending stocks for corn will be raised slightly and that for soybeans will be lowered slightly. None of the expected changes would be big enough to materially change the overall supply/demand outlook in market-moving ways. The relatively slow pace of corn and soybean exports might cause USDA analysts to lower those 2017/18 estimates somewhat, which could add to ending stocks of corn and offset most or all of any decline in soybean supplies. Any other supply/demand changes are expec...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 20-26, 2026. Wheat: Net sales of 203,100 metric tons (MT) for 2025/2026 were down 16 percent from the previous week and 42 percent from the prior 4-week average. Export shipments of 348,900 MT were down 35 percent from the previous week and 24 percent fro...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close.  May 26 Soymeal closed at $309.9/short ton, down $...

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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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