World Perspectives
soy-oilseeds

WASDE Soybeans

Soybeans: USDA’s March estimate is that U.S. soybean supply and use for 2023/24 is unchanged from February.  The U.S. season-average soybean price and the soybean meal price forecasts are unchanged for 2023/24.  The soybean oil price is reduced 2 cents to 49 cents per pound. Global soybean ending stocks are lowered 1.8 million tons to 114.3 million on lower stocks for Brazil...

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feed-grains soy-oilseeds wheat

Market Commentary: Cattle Score New Highs; Wheat Hits New Lows; More Trump Uncertainty

The CBOT was mixed again on Wednesday with grains seeing pressure from fund selling and a lack of significant news while soybeans and livestock traded higher. There are no serious weather issues in the U.S., South America, or Europe right now, which is taking ammunition away from grain bulls. T...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.72/bushel, down $0.0375 from yesterday's close.  Jul 25 Wheat closed at $5.435/bushel, down $0.0675 from yesterday's close.  May 25 Soybeans closed at $10.4025/bushel, up $0.0525 from yesterday's close.  Jul 25 Soymeal closed at $298.6/short ton, down $0...

Green Win/Lose, China Win, China Lose, Foreign Aid

Greens Win/Lose The only government-backed organization to say glyphosate is carcinogenic is the UN’s International Agency for Research on Cancer (IARC). U.S. EPA, the EU’s EFSA and other reputable government agencies have found this to not be true. But it is enough for Bayer to los...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle Score New Highs; Wheat Hits New Lows; More Trump Uncertainty

The CBOT was mixed again on Wednesday with grains seeing pressure from fund selling and a lack of significant news while soybeans and livestock traded higher. There are no serious weather issues in the U.S., South America, or Europe right now, which is taking ammunition away from grain bulls. T...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.72/bushel, down $0.0375 from yesterday's close.  Jul 25 Wheat closed at $5.435/bushel, down $0.0675 from yesterday's close.  May 25 Soybeans closed at $10.4025/bushel, up $0.0525 from yesterday's close.  Jul 25 Soymeal closed at $298.6/short ton, down $0...

Green Win/Lose, China Win, China Lose, Foreign Aid

Greens Win/Lose The only government-backed organization to say glyphosate is carcinogenic is the UN’s International Agency for Research on Cancer (IARC). U.S. EPA, the EU’s EFSA and other reputable government agencies have found this to not be true. But it is enough for Bayer to los...

FOB Prices and Freight Rates App (Updated 23 April)

Transportation and Freight Market Comments - 11 April 2025 By Matt Herrington Dry-Bulk Ocean Freight The trade war(s) and the possible Section 301 penalties against Chinese vessels docking at U.S. ports have kept freight markets exceptionally volatile in recent weeks. This week’s trend wa...

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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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