World Perspectives
feed-grains soy-oilseeds

WPI’s Post-WASDE Quarterly Corn, Soy Outlook

Now that the WASDE has come and gone, it’s time for the commodity market analyst community to argue about why USDA’s projections are wrong and what the world will actually look like over the next marketing year. WPI is loath to miss this monthly festival of forecasting, so we offer our thoughts below. Before that, however, we note that while we may have different forecasts than USDA, we greatly appreciate their efforts and readily acknowledge that the entire agricultural industry is better off because of their work. Consequently, rather than offer these thoughts as evidence USDA is “wrong”, we simply throw our predictive hat into the ring alongside USDA’s work and hope you find our results and discussion useful...

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feed-grains soy-oilseeds wheat

Market Commentary: Weather Pressures Grains; Crush Pace Boosts Soybeans

The CBOT managed to recover from a dramatic overnight plunge with soybeans leading the fight to put values back in the green. Most of the news coming out of the weekend was bearish – between larger Russian wheat crop projections, the advancing South American harvests, and generally favora...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2625/bushel, down $0.055 from yesterday's close.  Mar 26 Wheat closed at $5.3775/bushel, down $0.11 from yesterday's close.  Mar 26 Soybeans closed at $11.34/bushel, up $0.01 from yesterday's close.  Mar 26 Soymeal closed at $305.8/short ton, down $3.4 fr...

House Farm Bill Text Released

Chairman of the House Agriculture Committee, Glenn Thompson (R-Pennsylvania), released the text of the farm bill on Friday. Markup is scheduled for next week. Some key highlights are shown below.  Commodities: Directs reporting on dairy production expenses to ensure that producer costs ar...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Pressures Grains; Crush Pace Boosts Soybeans

The CBOT managed to recover from a dramatic overnight plunge with soybeans leading the fight to put values back in the green. Most of the news coming out of the weekend was bearish – between larger Russian wheat crop projections, the advancing South American harvests, and generally favora...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2625/bushel, down $0.055 from yesterday's close.  Mar 26 Wheat closed at $5.3775/bushel, down $0.11 from yesterday's close.  Mar 26 Soybeans closed at $11.34/bushel, up $0.01 from yesterday's close.  Mar 26 Soymeal closed at $305.8/short ton, down $3.4 fr...

House Farm Bill Text Released

Chairman of the House Agriculture Committee, Glenn Thompson (R-Pennsylvania), released the text of the farm bill on Friday. Markup is scheduled for next week. Some key highlights are shown below.  Commodities: Directs reporting on dairy production expenses to ensure that producer costs ar...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Morocco’s grain harvest could go as high as 9.0 million MT in 2026, which would represent a doubling of last year’s drought-affected harvest. Rainfall is up by 34 percent over the average, while grain planting has incr...

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From WPI Consulting

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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