World Perspectives
feed-grains soy-oilseeds wheat

The Risky World Soybean Market

U.S. soybean derivatives are essentially the only exchange-traded hedging vehicle available to the world soybean market. It works when circumstances allow it to, but there are some potentially severe out-of-position risks involved.We tend to think of the cultivation of soybeans as being relatively new compared to wheat, barley and other grains. However, they have been grown by Chinese farmers since before recorded history. It is actually quite possible that China's soybean cultivation began earlier than the prehistoric production of wheat-like grain as a crop in the Tigris River valley. Soybeans also have a longer history in the U.S. than is generally acknowledged. They were first introduced here in 1765, and a form of soy sauce produced in...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 18-24, 2025. Wheat: Net sales of 72,000 metric tons (MT) for 2024/2025 were down noticeably from the previous week and down 24 percent from the prior 4-week average. Export shipments of 491,700 MT were up 3 percent from the previous week and 9 percent from t...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Remains Weak, Corn and Soybeans Hold Their Own

It was modest volume trading grain and oilseeds today. Again, the lack of any new fundamental news has traders keeping their powder dry. USDA’s May WASDE is likely to boost estimates for corn and soybean exports, but that is still nearly two weeks away.   Instead, today’s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7225/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.31/bushel, up $0.0025 from yesterday's close.  Jul 25 Soybeans closed at $10.5025/bushel, up $0.0575 from yesterday's close.  Jul 25 Soymeal closed at $294.3/short ton, down $3.7...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 18-24, 2025. Wheat: Net sales of 72,000 metric tons (MT) for 2024/2025 were down noticeably from the previous week and down 24 percent from the prior 4-week average. Export shipments of 491,700 MT were up 3 percent from the previous week and 9 percent from t...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Remains Weak, Corn and Soybeans Hold Their Own

It was modest volume trading grain and oilseeds today. Again, the lack of any new fundamental news has traders keeping their powder dry. USDA’s May WASDE is likely to boost estimates for corn and soybean exports, but that is still nearly two weeks away.   Instead, today’s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7225/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.31/bushel, up $0.0025 from yesterday's close.  Jul 25 Soybeans closed at $10.5025/bushel, up $0.0575 from yesterday's close.  Jul 25 Soymeal closed at $294.3/short ton, down $3.7...

livestock

Livestock Round Up: Broiler Outlook 2025

Broiler fundamentals continue to be favorable largely due to tight beef supplies and a more favorable value proposition versus the rest of the beef and pork markets. Prices have continued their gains since last summer, and with below historical average feed prices, processing margins have expan...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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