World Perspectives
feed-grains wheat

Wheat-Rice Substitution

In the classic position of a wheat exporting nation, consumers that have traditionally consumed rice as a food grain ultimately become wheat consumers. This is true, but it can also be said that traditional wheat consumers eat more rice when given access to it.  Southeast Asian countries like Indonesia and the Philippines are good examples of traditional rice consumers that now eat more wheat. However, Egypt is a traditional wheat consumer that has been increasing its rice consumption. Bangladesh is consuming more wheat, but the growth has been from a small base whereas it remains a very large rice consumer. Algeria has been importing more wheat, but its rice demand is growing faster. Even though the world consumes 50 percent more whe...

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feed-grains soy-oilseeds wheat

Market Commentary: Volatility Continues with Corn Less Supported than Soybeans

The market continues to look for a floor following Monday’s WASDE report, with soybeans and soyoil finding terra firma on a bullish NOPA report that showed crush at a near-record level. Volume was generally subdued but skyrocketed in soyoil as traders sought to get a piece of the rising a...

Transportation and Export Report - January 15, 2026

WPI is pleased to the second week of the Transportation and Export Report, a weekly industry publication previously produced by ocean freight specialist Jay O’Neil. This report, which WPI recently acquired, will strengthen WPI’s coverage of global ocean freight markets by building o...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2025/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.105/bushel, down $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.53/bushel, up $0.105 from yesterday's close.  Mar 26 Soymeal closed at $289.2/short ton, down $2.7 f...

feed-grains soy-oilseeds wheat

Market Commentary: Volatility Continues with Corn Less Supported than Soybeans

The market continues to look for a floor following Monday’s WASDE report, with soybeans and soyoil finding terra firma on a bullish NOPA report that showed crush at a near-record level. Volume was generally subdued but skyrocketed in soyoil as traders sought to get a piece of the rising a...

Transportation and Export Report - January 15, 2026

WPI is pleased to the second week of the Transportation and Export Report, a weekly industry publication previously produced by ocean freight specialist Jay O’Neil. This report, which WPI recently acquired, will strengthen WPI’s coverage of global ocean freight markets by building o...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2025/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.105/bushel, down $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.53/bushel, up $0.105 from yesterday's close.  Mar 26 Soymeal closed at $289.2/short ton, down $2.7 f...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 2 - 8, 2026. Wheat: Net sales of 156,300 metric tons (MT) for 2025/2026 were up 32 percent from the previous week, but down 21 percent from the prior 4-week average. Export shipments of 303,300 MT were up 76 percent from the previous week, but down 29 perc...

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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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