World Perspectives
feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 2 June)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where observations are missing for a given week in a given year, we add another preceding year to estimate the average. For example, if the last five years range from 2017-2021 but data week and data series is missing for 2018, we calculate the five-year average based on the years 2016, 2017, 2019, 2020, and 2021. This may occasionally create slight differences between our estimated 5-year aveage and USDA’s. We are working to assess the best way to rem...

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WPI Transportation Report

Dry-Bulk Markets  In paper dry-bulk markets, the Capesize sector increased slightly this week on stronger demand from miners, but the move was insufficient to support the Panamax or Supramax markets, which turned lower. Most of the dry bulk markets are simply waiting for the economies of C...

feed-grains soy-oilseeds wheat

Market Commentary: Volatility But Stability

It was a very active open this morning with lots of lead changes as corn and soybean traders wrestled over whether bears or bulls were in control. Even winter wheat, which looked solidly in the green took a brief turn south. Volumes were robust and trade volatile but in the end, only bean oil a...

feed-grains soy-oilseeds wheat

Export Sale

Export Sales and Shipments for May 23-29, 2025  Wheat: Net sales reductions of 49,100 metric tons (MT) for 2024/2025. Export shipments of 540,100 MT were up 8 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Indonesia (81,100 M...

WPI Transportation Report

Dry-Bulk Markets  In paper dry-bulk markets, the Capesize sector increased slightly this week on stronger demand from miners, but the move was insufficient to support the Panamax or Supramax markets, which turned lower. Most of the dry bulk markets are simply waiting for the economies of C...

feed-grains soy-oilseeds wheat

Market Commentary: Volatility But Stability

It was a very active open this morning with lots of lead changes as corn and soybean traders wrestled over whether bears or bulls were in control. Even winter wheat, which looked solidly in the green took a brief turn south. Volumes were robust and trade volatile but in the end, only bean oil a...

feed-grains soy-oilseeds wheat

Export Sale

Export Sales and Shipments for May 23-29, 2025  Wheat: Net sales reductions of 49,100 metric tons (MT) for 2024/2025. Export shipments of 540,100 MT were up 8 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Indonesia (81,100 M...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.395/bushel, up $0.0075 from yesterday's close.  Jul 25 Wheat closed at $5.455/bushel, up $0.0225 from yesterday's close.  Jul 25 Soybeans closed at $10.5175/bushel, up $0.0675 from yesterday's close.  Jul 25 Soymeal closed at $297.1/short ton, up $0 from...

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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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