World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentine farmer selling stands at around 20 percent of the crop. However, the market dried up after the Brazilian political scandal moved the CBOT lower. The lack of farmer selling is a problem for Argentina, but there is also another one. Soybeans Argentina Farmer selling stands at around 20 percent of the crop. However, the market dried up after the Brazilian political scandal moved the CBOT lower, leaving no competitive offers compared to Brazil. Only one FOB cargo was traded last week at $0.32N FOB for 15 June-15 July shipment. Offers this week for June and July are $0.35N and $0.40N, respectively. Replacement is around $0.45-0.50, so basis should remain strong in the coming days.The levels offered in Argentina (in fact, Argentine/U...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.37/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0025 from yesterday's close.  Jul 25 Soybeans closed at $10.505/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $294.2/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat ahead of WASDE; Cattle and Beef Prices Running Red-Hot

Corn, wheat, and soybeans all traded higher overnight on growing optimism over the U.S.-China trade negotiations, though markets could not hold those gains. The talks in London made solid progress and negotiations are reportedly on track with the Geneva agreement that is allowing broader trade...

Outclassed; Unifying Food Safety; Inflation’s Real Issue

Outclassed In a nearly five-hour hearing before the U.S. House Agriculture Committee, USDA Secretary Brooke Rollins proved again that she is one of the most politically astute of President Trump’s Cabinet members. She was adept at responding to a wide range of questions, nearly all of the...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.37/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0025 from yesterday's close.  Jul 25 Soybeans closed at $10.505/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $294.2/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat ahead of WASDE; Cattle and Beef Prices Running Red-Hot

Corn, wheat, and soybeans all traded higher overnight on growing optimism over the U.S.-China trade negotiations, though markets could not hold those gains. The talks in London made solid progress and negotiations are reportedly on track with the Geneva agreement that is allowing broader trade...

Outclassed; Unifying Food Safety; Inflation’s Real Issue

Outclassed In a nearly five-hour hearing before the U.S. House Agriculture Committee, USDA Secretary Brooke Rollins proved again that she is one of the most politically astute of President Trump’s Cabinet members. She was adept at responding to a wide range of questions, nearly all of the...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 2 – 6 June 2025 The grain market continued the transition from old crop to new crop meaning that the bearish trend is now across the board for all grains. The biggest bear was registered in the wheat belt which is located close to the export terminals as export dema...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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