World Perspectives
feed-grains

WASDE Corn Jan 2025

USDA’s January estimate is for reduced U.S. corn production at 14.9 billion bushels, down 276 million as a 3.8-bushel per acre cut in yield to 179.3. U.S. exports are cut 25 million bushels to 2.450 billion reflecting lower supplies. USDA notes that supply is falling more than use and the result is that U.S. corn stocks are lowered 198 million bushels. The season-average corn price received by U.S. producers has risen 15 cents to $4.25 per bushel. China corn production is raised to a record 294.9 million tons based on the latest data from the National Bureau of Statistics. Corn production is higher for Russia based on the latest information from Rosstat. Global corn stocks, at 293.3 million tons, are down 3.1 million...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Market Stalls Waiting for South American Weather Definition

There were modest volumes on this last trading day of the week, except in soymeal and cattle where the goal was to get out of the former and into the latter. There were new contract highs, again, in cattle. Overall weakness was blamed on Argentina’s announced lower tax rates on commodity...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 10-16, 2025 Wheat: Net sales of 164,800 metric tons (MT) for 2024/2025 were down 68 percent from the previous week and 52 percent from the prior 4-week average. Export shipments of 201,300 MT were up 2 percent from the previous week, but down 41 percent fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.865/bushel, down $0.0325 from yesterday's close.  Mar 25 Wheat closed at $5.44/bushel, down $0.1 from yesterday's close.  Mar 25 Soybeans closed at $10.5575/bushel, down $0.0975 from yesterday's close.  Mar 25 Soymeal closed at $304.9/short ton, down $10...

feed-grains soy-oilseeds wheat

Market Commentary: Market Stalls Waiting for South American Weather Definition

There were modest volumes on this last trading day of the week, except in soymeal and cattle where the goal was to get out of the former and into the latter. There were new contract highs, again, in cattle. Overall weakness was blamed on Argentina’s announced lower tax rates on commodity...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 10-16, 2025 Wheat: Net sales of 164,800 metric tons (MT) for 2024/2025 were down 68 percent from the previous week and 52 percent from the prior 4-week average. Export shipments of 201,300 MT were up 2 percent from the previous week, but down 41 percent fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.865/bushel, down $0.0325 from yesterday's close.  Mar 25 Wheat closed at $5.44/bushel, down $0.1 from yesterday's close.  Mar 25 Soybeans closed at $10.5575/bushel, down $0.0975 from yesterday's close.  Mar 25 Soymeal closed at $304.9/short ton, down $10...

livestock

Cattle on Feed

U.S. Cattle on Feed for feedlots with capacity of 1,000 or more head totaled 11.8 million head on January 1, 2025 – down 1 percent from January 1, 2024. Placements in feedlots during December totaled 1.64 million head, 3 percent below 2023.  Marketings of fed cattle during December t...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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