Red Meat Exports
In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...
Mercosur Regional Analysis
Corn Farmers remain focused on the soybean harvest at the expense of executing fieldwork for corn. With favorable weather over the past few days, 20 percent of the soybean area has been harvested. As a result, corn harvest progress was limited, with only a 2.4 percentage point weekl...
Oilseed Highlights: RVO Rumors Sink Soyoil; Sesame Demand Slows
The Market There were four big “stories” for oilseeds markets to follow this past week: the U.S.-China trade negotiations, the May WASDE report, news that the U.S. Congress may be planning to extend the 45Z tax credits, and Thursday’s rumors that the EPA may be undercutt...
Wheat Problem Areas
As noted yesterday, global wheat consumption has been growing faster than the expansion in production. Sometimes it takes non-agricultural researchers to look at an issue in a different way. Petroleum engineers at the Colorado School of Mines studied global areas where the loss of sub-surface s...
Market Commentary: Wheat Reverses Course; Soyoil Rallies on Possible Tax Extension
The CBOT was mixed trade Tuesday following the May WASDE and USDA’s first complete look at the U.S. and world 2025/26 balance sheets. With the WASDE’s numbers now incorporated into futures prices the trade began looking for “what’s next”, which for corn meant a bea...
Phase II Deal; EU Strategy; Mimicking EU
Phase II Deal U.S. Treasury Secretary Scott Bessent suggested that a phase-one deal may be a model for trade talks with China. It may be the only model that would help U.S. farmers. Brazil still has a price edge on soybeans, and even a 10 percent tariff is enough to price out U.S. commodities...
WASDE Soybeans - May 2025
USDA’s outlook for 2025/26 U.S. soybeans is for lower ending stocks: The U.S. share of global soybean exports is forecast at 26 percent - down from 28 percent last year. Accordingly, U.S. soybean exports are forecast at 1.815 billion bushels, down 35 million from 2024/25. The 2025/26 U.S...
WASDE Corn - May 2025
USDA’s outlook for 2025/26 U.S. corn is for record supplies and total use: Higher ending stocks are expected to result from 15.8 billion bushels of corn production, up 6 percent from a year ago. Projected planted area of 95.3 million acres would be the highest in over a decade. The corn y...
WASDE Wheat - May 2025
USDA’s outlook for 2025/26 U.S. wheat is for supplies to be up 2 percent from 2024/25 as higher beginning stocks more than offset lower production. The average wheat yield is projected at 51.6 bushels per acre, up 0.4 bushels from last year. Exports are projected lower at 800 million bush...
AP Quant: WASDE Wheat
WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...
AP Quant: WASDE Soybeans
WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...
AP Quant: WASDE Corn
WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...
Red Meat Exports
In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...
Mercosur Regional Analysis
Corn Farmers remain focused on the soybean harvest at the expense of executing fieldwork for corn. With favorable weather over the past few days, 20 percent of the soybean area has been harvested. As a result, corn harvest progress was limited, with only a 2.4 percentage point weekl...
Oilseed Highlights: RVO Rumors Sink Soyoil; Sesame Demand Slows
The Market There were four big “stories” for oilseeds markets to follow this past week: the U.S.-China trade negotiations, the May WASDE report, news that the U.S. Congress may be planning to extend the 45Z tax credits, and Thursday’s rumors that the EPA may be undercutt...
Wheat Problem Areas
As noted yesterday, global wheat consumption has been growing faster than the expansion in production. Sometimes it takes non-agricultural researchers to look at an issue in a different way. Petroleum engineers at the Colorado School of Mines studied global areas where the loss of sub-surface s...
Market Commentary: Wheat Reverses Course; Soyoil Rallies on Possible Tax Extension
The CBOT was mixed trade Tuesday following the May WASDE and USDA’s first complete look at the U.S. and world 2025/26 balance sheets. With the WASDE’s numbers now incorporated into futures prices the trade began looking for “what’s next”, which for corn meant a bea...
Phase II Deal; EU Strategy; Mimicking EU
Phase II Deal U.S. Treasury Secretary Scott Bessent suggested that a phase-one deal may be a model for trade talks with China. It may be the only model that would help U.S. farmers. Brazil still has a price edge on soybeans, and even a 10 percent tariff is enough to price out U.S. commodities...
WASDE Soybeans - May 2025
USDA’s outlook for 2025/26 U.S. soybeans is for lower ending stocks: The U.S. share of global soybean exports is forecast at 26 percent - down from 28 percent last year. Accordingly, U.S. soybean exports are forecast at 1.815 billion bushels, down 35 million from 2024/25. The 2025/26 U.S...
WASDE Corn - May 2025
USDA’s outlook for 2025/26 U.S. corn is for record supplies and total use: Higher ending stocks are expected to result from 15.8 billion bushels of corn production, up 6 percent from a year ago. Projected planted area of 95.3 million acres would be the highest in over a decade. The corn y...
WASDE Wheat - May 2025
USDA’s outlook for 2025/26 U.S. wheat is for supplies to be up 2 percent from 2024/25 as higher beginning stocks more than offset lower production. The average wheat yield is projected at 51.6 bushels per acre, up 0.4 bushels from last year. Exports are projected lower at 800 million bush...
AP Quant: WASDE Wheat
WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...
AP Quant: WASDE Soybeans
WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...
AP Quant: WASDE Corn
WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...