World Perspectives

More Livestock and Poultry Rules Coming from USDA

On 5 March, WPI reported USDA’s Agricultural Marketing Service (AMS) released the second of a series of three new Packers and Stockyards Administration marketing rules. Officially, it is the Inclusive Competition and Market Integrity Under the Packers and Stockyards Act but is informally referred to as the “scope” rule – setting out the scope of jurisdiction of the Packers and Stockyards Act, specifically with regard to “prohibiting undue prejudice, unjust discrimination, and deception to provide for clearer, more effective standards ….” This above was the second of three rules promised in 2021. The first was the Poultry Growing Tournament System: Fairness and Related Concerns, first propose...

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Market Commentary: Soyoil Locks Limit Up Again; Wheat, Corn Fall; New Highs for Hogs

Soyoil remained the star of the CBOT on Monday and locked limit-up for the second day following the surprisingly bullish EPA RVO mandates released Friday. That carried soybeans and ICE canola futures higher – along with other vegoil markets – for the day, but soybean and soyoil were...

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Summary of Futures

Jul 25 Corn closed at $4.3475/bushel, down $0.0975 from yesterday's close.  Jul 25 Wheat closed at $5.365/bushel, down $0.0725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0 from yesterday's close.  Jul 25 Soymeal closed at $283.7/short ton, down $8.2 f...

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Proposed RVOs: Record Levels of Biomass Based Diesel

On Friday, the EPA announced a proposed rule to establish required Renewable Fuel Standard volumes obligations, known as the required volume obligations (RVOs) and the percentage standards for 2026 and 2027. The announcement also partially waived the 2025 cellulosic biofuel volume requirement a...

feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Locks Limit Up Again; Wheat, Corn Fall; New Highs for Hogs

Soyoil remained the star of the CBOT on Monday and locked limit-up for the second day following the surprisingly bullish EPA RVO mandates released Friday. That carried soybeans and ICE canola futures higher – along with other vegoil markets – for the day, but soybean and soyoil were...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.3475/bushel, down $0.0975 from yesterday's close.  Jul 25 Wheat closed at $5.365/bushel, down $0.0725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0 from yesterday's close.  Jul 25 Soymeal closed at $283.7/short ton, down $8.2 f...

soy-oilseeds biofuel

Proposed RVOs: Record Levels of Biomass Based Diesel

On Friday, the EPA announced a proposed rule to establish required Renewable Fuel Standard volumes obligations, known as the required volume obligations (RVOs) and the percentage standards for 2026 and 2027. The announcement also partially waived the 2025 cellulosic biofuel volume requirement a...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 June)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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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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