World Perspectives
wheat

WASDE Wheat

USDA estimates U.S. wheat production at 1,877 million bushels. Total domestic supplies are raised 16 million to 3,000 million bushels.  World 2020/21 wheat supplies are raised 5.7 million tons on a 4.9-million-ton production increase and higher beginning stocks.   India’s crop is projected to be record-large, and Australia’s crop is expected to rebound on improved conditions following two consecutive years of drought.  Turkey and China are both increased by 1.0 million tons.  Partly offsetting these changes are crop reductions of 2.0 million tons for the EU and 1.5 million for Ukraine, both reflecting dry conditions during key parts of the growing season.  World wheat ending stocks are raised 6.0...

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Market Commentary: General Equilibrium with Weather and War

Outside markets continued their reversal higher following the rescission of President Trump’s tariff threats against Europe. Ukraine’s grain exports are stymied by Russian attacks, with both sides seemingly inching forward on talks, but a survey of former diplomats shows 80 percent...

feed-grains soy-oilseeds wheat

2026 Outlook: Market Home Runs Unlikely, Use Risk Management to Stay at Bat This Year

With the spring planting effort just around the corner, producers and traders are starting to get a handle on the outlook for the coming marketing year. That outlook suffered a bit of a shock following the January WASDE report, as USDA reiterated the large-supply narrative for U.S. and world gr...

Transportation and Export Report - January 22, 2026

WPI is pleased to release the third 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 bui...

feed-grains soy-oilseeds wheat

Market Commentary: General Equilibrium with Weather and War

Outside markets continued their reversal higher following the rescission of President Trump’s tariff threats against Europe. Ukraine’s grain exports are stymied by Russian attacks, with both sides seemingly inching forward on talks, but a survey of former diplomats shows 80 percent...

feed-grains soy-oilseeds wheat

2026 Outlook: Market Home Runs Unlikely, Use Risk Management to Stay at Bat This Year

With the spring planting effort just around the corner, producers and traders are starting to get a handle on the outlook for the coming marketing year. That outlook suffered a bit of a shock following the January WASDE report, as USDA reiterated the large-supply narrative for U.S. and world gr...

Transportation and Export Report - January 22, 2026

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.24/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0775 from yesterday's close.  Mar 26 Soybeans closed at $10.64/bushel, down $0.005 from yesterday's close.  Mar 26 Soymeal closed at $296.2/short ton, up $4.8 from...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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