World Perspectives
feed-grains soy-oilseeds wheat

Now Demand is the Question

With the fall harvest in its closing stages and production and total volumes of available corn and soybean supplies closely established, the market's attention will rapidly turn toward the demand side of the supply/demand ledger.Surprises in the November WASDE were pretty much limited to the 2014/15 U.S. corn production numbers. USDA lowered the average U.S. corn yield to 173.4 bushels/acre, a 0.8 bushels/acre decline from October, and thus reduced estimated production to 14.407 billion bushels or 68 million less than the October estimate. It had been widely expected that USDA would increase both the corn yield and production estimates at least slightly, so we suppose that USDA's November U.S. corn production numbers qualify as a surprise...

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feed-grains soy-oilseeds wheat

Market Commentary: Q1 GDP Slowdown Hits Equities, Cattle Markets; Grains Gain while Soybeans Slumber

The CBOT was mixed on Wednesday with grain and oilseed markets lacking much fresh fundamental news, other than weather updates and the first deliveries against May futures. The delivery data showed surprisingly heavy deliveries against soymeal, soyoil, and KCBT wheat and unexpectedly light deli...

Monumental Task; Rushed Deal; Polypessimistic

Monumental Task Luke Lindberg appeared before the Senate Agriculture Committee yesterday to be interviewed for the position of USDA Under Secretary for Trade and Foreign Agricultural Affairs. Because of the higher levels of protectionism in agriculture around the world, it is a tough position e...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

feed-grains soy-oilseeds wheat

Market Commentary: Q1 GDP Slowdown Hits Equities, Cattle Markets; Grains Gain while Soybeans Slumber

The CBOT was mixed on Wednesday with grain and oilseed markets lacking much fresh fundamental news, other than weather updates and the first deliveries against May futures. The delivery data showed surprisingly heavy deliveries against soymeal, soyoil, and KCBT wheat and unexpectedly light deli...

Monumental Task; Rushed Deal; Polypessimistic

Monumental Task Luke Lindberg appeared before the Senate Agriculture Committee yesterday to be interviewed for the position of USDA Under Secretary for Trade and Foreign Agricultural Affairs. Because of the higher levels of protectionism in agriculture around the world, it is a tough position e...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

FOB Prices and Freight Rates App (Updated 30 April)

Transportation and Freight Market Comments - 25 April 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets turned higher this week as buyers booked May-June cargoes after the USTR said the 301 port fees against Chinese vessels will not start until October. Shipping lines remain reluc...

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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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