World Perspectives
feed-grains soy-oilseeds wheat

More Things to Keep You Up at Night

U.S. farmers must soon make their 2015 crop revenue insurance decision, and it is likely that they will take reduced coverage per acre in reaction to certain financial considerations that could also impact production.Weather will now start to play a more important role in the markets. Temperatures across the western half of the U.S. have been 20-30 degrees above normal the past 10-14 days. This has totally melted any snow cover all the way into Canada. Having that occur this early automatically means temperatures will be above normal for this time of the year. 70°F in Fargo on 12 March set a new record. In fact, temperatures this warm and this early have only happened twice before in history. That will also break the hard red winter wheat c...

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feed-grains soy-oilseeds wheat

Market Commentary: Corn Firms on Surprise Export Demand; Soy Complex Drifts Lower

The CBOT was mixed on Tuesday following Monday’s drubbing across the grains and oilseeds markets. Tuesday saw continued selling pressure in the soy complex as funds turn increasingly bearish amid a favorable supply outlook for 2025. The grains sector saw a bit more support with wheat risi...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 5 May)

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...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 25 Wheat closed at $5.36/bushel, up $0.0475 from yesterday's close.  Jul 25 Soybeans closed at $10.4125/bushel, down $0.0425 from yesterday's close.  Jul 25 Soymeal closed at $293/short ton, down $2.5 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Firms on Surprise Export Demand; Soy Complex Drifts Lower

The CBOT was mixed on Tuesday following Monday’s drubbing across the grains and oilseeds markets. Tuesday saw continued selling pressure in the soy complex as funds turn increasingly bearish amid a favorable supply outlook for 2025. The grains sector saw a bit more support with wheat risi...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 5 May)

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...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 25 Wheat closed at $5.36/bushel, up $0.0475 from yesterday's close.  Jul 25 Soybeans closed at $10.4125/bushel, down $0.0425 from yesterday's close.  Jul 25 Soymeal closed at $293/short ton, down $2.5 fr...

Dollar Exchange Rate Impacts on Trade

President Trump is using tariffs to rectify what he asserts is the unfair practices by other countries. He also accuses trading partners of currency manipulation. He is correct that currency exchange rates impact the competitiveness of U.S. exports. USDA’s Economic Research Service mainta...

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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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