World Perspectives
feed-grains soy-oilseeds livestock

Oilseed Highlights

Higher Prices Needed to Ration Soybean Demand Last week's export sales report and this week's NOPA crush report shows the pace of U.S. soybean use is quickening, not slowing. Soybean export sales last week totaled 1,319,400 MT, a marketing year high. China was the main buyer, with purchases totaling 1,008,800 MT. The sales brought U.S. total soybean export sales thus far in 2012/13 to 28.414 MMT (1.044 billion bushels). That's 77.6 percent of USDA's forecast for exports in all of 2012/13, and we are only one-fourth of the way through the marketing year. This does not count the 91,000 MT of soybeans sold to unknown buyers for shipment in 2012/13 that USDA reported this week. It is still at least three months before large shipments of new...

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feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.69/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.43/bushel, up $0.12 from yesterday's close.  Jul 25 Soybeans closed at $10.58/bushel, up $0.0775 from yesterday's close.  Jul 25 Soymeal closed at $296.9/short ton, up $2.6 from ye...

Trade Deals Being Worked on With Japan, China, and the EU

Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national...

feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.69/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.43/bushel, up $0.12 from yesterday's close.  Jul 25 Soybeans closed at $10.58/bushel, up $0.0775 from yesterday's close.  Jul 25 Soymeal closed at $296.9/short ton, up $2.6 from ye...

Trade Deals Being Worked on With Japan, China, and the EU

Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national...

FOB Prices and Freight Rates App (Updated 2 May)

Transportation and Freight Market Comments - 2 May 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets are finding some support from spot and 30-day demand but the Section 301 rules are depressing grain demand past July. Cargo orders from northern Brazil are increasing as South Amer...

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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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