World Perspectives

Selective Deportation; G-7 Outcomes; U.S. Has the Meat

Selective Deportation The New York Times credited USDA Secretary Brooke Rolins with persuading President Trump to leave undocumented workers in agriculture alone. It’s bad enough that the President’s most reliable voting block is also the most threatened by retaliatory tariffs, concurrently removing a large portion of their workforce would be devastating. Instead, the focus will be on deporting illegal immigrants in urban areas.  The policy reflects the complex nature of immigration and U.S. labor requirements, and it better aligns the Administration’s approach with the American public, which polling shows agrees with immigration control but not with a harsh execution. Farm labor is hard work but if it along with meat...

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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...

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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...

soy-oilseeds biofuel

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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

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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