E15: What Does It Mean?
Previous administrations—including that of President Donald Trump—have promoted domestic consumption of corn and soybeans through expanded biofuel mandates and subsidies. The original framework for this policy was the Energy Independence and Security Act of 2007, which required the...
Summary of Futures
May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close. Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close. May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close. Jul 26 Soymeal closed at $316.5/short ton, up $0.2...
Market Commentary: War Sustains Wheat; Corn Up Fifth Day
The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions in the U.S., but globally there is pressure on a crop that gets both its fertilizer and a chunk of its demand from this volatile region. ...
Rotisserie Chicken Proposed to be Allowed Under SNAP
Senators Jim Justice (D-West Virginia), John Fetterman (D-Pennsylvania), Shelley Moore Capito (R-West Virginia), and Michael Bennet (D-Colorado) introduced the Hot Rotisserie Chicken Act, which would allow Supplemental Nutrition Assistance Program (SNAP) participants to purchase hot rotisserie...
Early 2026 Projections of Cow-Calf Finances
Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and drough...
Transportation Perspectives - 23 April
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscr...
Market Commentary: Plenty of Risk, Not Enough Conviction
Key Market Insights Markets aren’t trading fundamentals right now—they’re pricing risk. The Middle East remains the center of gravity, and the latest developments point to a situation that is not escalating—but not resolving either. That’s a difficult environment...
Functional Dysfunction; Out of the Frying Pan
Functional Dysfunction Europe has contended that Donald Trump’s attempt to address the decades-long harm caused by Iran’s theocratic regime is “not our war.” The Continent is in an expensive energy crisis because of the Iran war, but moral angst is the only respons...
Summary of Futures
May 26 Corn closed at $4.5425/bushel, up $0.005 from yesterday's close. Jul 26 Wheat closed at $6.07/bushel, down $0.0575 from yesterday's close. May 26 Soybeans closed at $11.645/bushel, down $0.1 from yesterday's close. Jul 26 Soymeal closed at $316.3/short ton, down $4.9 fr...
FOB Prices and Freight Rates App (Updated 22 April)
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Summary of Futures
May 26 Corn closed at $4.5375/bushel, up $0.0175 from yesterday's close. Jul 26 Wheat closed at $6.1275/bushel, up $0.0675 from yesterday's close. May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close. Jul 26 Soymeal closed at $321.2/short ton, up $0 from...
Market Commentary: Grains Rally on Weather, Biofuel Demand Prospects
For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by the geopolitical risk and crude oil’s rally. Recently, the impact of this risk and crude oil on the ag markets has faded, leaving crop f...
E15: What Does It Mean?
Previous administrations—including that of President Donald Trump—have promoted domestic consumption of corn and soybeans through expanded biofuel mandates and subsidies. The original framework for this policy was the Energy Independence and Security Act of 2007, which required the...
Summary of Futures
May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close. Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close. May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close. Jul 26 Soymeal closed at $316.5/short ton, up $0.2...
Market Commentary: War Sustains Wheat; Corn Up Fifth Day
The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions in the U.S., but globally there is pressure on a crop that gets both its fertilizer and a chunk of its demand from this volatile region. ...
Rotisserie Chicken Proposed to be Allowed Under SNAP
Senators Jim Justice (D-West Virginia), John Fetterman (D-Pennsylvania), Shelley Moore Capito (R-West Virginia), and Michael Bennet (D-Colorado) introduced the Hot Rotisserie Chicken Act, which would allow Supplemental Nutrition Assistance Program (SNAP) participants to purchase hot rotisserie...
Early 2026 Projections of Cow-Calf Finances
Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and drough...
Transportation Perspectives - 23 April
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscr...
Market Commentary: Plenty of Risk, Not Enough Conviction
Key Market Insights Markets aren’t trading fundamentals right now—they’re pricing risk. The Middle East remains the center of gravity, and the latest developments point to a situation that is not escalating—but not resolving either. That’s a difficult environment...
Functional Dysfunction; Out of the Frying Pan
Functional Dysfunction Europe has contended that Donald Trump’s attempt to address the decades-long harm caused by Iran’s theocratic regime is “not our war.” The Continent is in an expensive energy crisis because of the Iran war, but moral angst is the only respons...
Summary of Futures
May 26 Corn closed at $4.5425/bushel, up $0.005 from yesterday's close. Jul 26 Wheat closed at $6.07/bushel, down $0.0575 from yesterday's close. May 26 Soybeans closed at $11.645/bushel, down $0.1 from yesterday's close. Jul 26 Soymeal closed at $316.3/short ton, down $4.9 fr...
FOB Prices and Freight Rates App (Updated 22 April)
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Summary of Futures
May 26 Corn closed at $4.5375/bushel, up $0.0175 from yesterday's close. Jul 26 Wheat closed at $6.1275/bushel, up $0.0675 from yesterday's close. May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close. Jul 26 Soymeal closed at $321.2/short ton, up $0 from...
Market Commentary: Grains Rally on Weather, Biofuel Demand Prospects
For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by the geopolitical risk and crude oil’s rally. Recently, the impact of this risk and crude oil on the ag markets has faded, leaving crop f...