World Perspectives
feed-grains soy-oilseeds wheat

The Ides of August

While USDA's August corn and soybean yield and production estimates may be more solid than July's projections, they still may vary considerably up or down from the final numbers.As Mike Krueger rightly noted in Monday's Ag Perspectives, USDA's WASDE could have considerable market significance this month. In fact, we can say that each year's August WASDE almost always does since it offers the first real yield and production estimates for spring planted crops that are based on actual test plot conditions, field tests and producer surveys. Heretofore, USDA has projected yields and production based on the 1 March or 1 June planted acreage estimates and assumed deviations from trend yields. The latter are derived from the estimated impact of the...

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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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