World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.555/bushel, down $0.0325 from yesterday's close.  Dec 19 Wheat closed at $4.6375/bushel, down $0.025 from yesterday's close.  Nov 19 Soybeans closed at $8.5775/bushel, down $0.0375 from yesterday's close.  Dec 19 Soymeal closed at $293/short ton, down $1.5 from yesterday's close.  Dec 19 Soyoil closed at 28.65 cents/lb up 0.01 cents from yesterday's close.  Oct 19 Live Cattle closed at $94.875/cwt down $3 from yesterday's close.  Oct 19 Feeder Cattle closed at $130.9/cwt down $1.425 from yesterday's close.  Oct 19 Lean Hogs closed at $63.5/cwt down $2.8 from yesterday's close.  Oct 19 WTI Crude Oil closed at $56.53/barrel up $0.23 from yesterday's close.   ...

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feed-grains soy-oilseeds wheat

Market Commentary: BBB, MAHA, Fundamentals and a Holiday

Corn, soybeans, soymeal, and cattle closed higher, while wheat, soyoil, and hogs dipped. The reasons are varied but pre-holiday trading tomorrow could see lower volume and some risk-off exits given the three-day break from trading.  BBB Overnight trading and today’s trading session i...

livestock

Cow-Calf Profitability Improves, Indicates Herd Rebuilding

Southern Plains cow-calf producers’ financial outlook continues to improve with the recent gains in feeder cattle prices and overall weakness in feed costs so far in 2025. Returns on an inflation-adjusted basis remain below those of 2014 and 2015, but recent gains in expected profits sugg...

WPI Transportation Report

Dry-Bulk Ocean Freight Dry bulk markets remain essentially flat with cargo demand remaining “elusive”. Increased demand from China remains the key for markets going forward, but the Middle Kingdom has not seen any surge in bookings yet.  The Baltic Dry indices were mixed this w...

feed-grains soy-oilseeds wheat

Market Commentary: BBB, MAHA, Fundamentals and a Holiday

Corn, soybeans, soymeal, and cattle closed higher, while wheat, soyoil, and hogs dipped. The reasons are varied but pre-holiday trading tomorrow could see lower volume and some risk-off exits given the three-day break from trading.  BBB Overnight trading and today’s trading session i...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for May 9-15, 2025  Wheat: Net sales reductions of 13,400 metric tons (MT) for 2024/2025 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 438,400 MT were up 18 percent from the previous week, but down 5 percent fr...

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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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