Recent Soy & Oilseeds Analysis
Summary of Futures
Jul 26 Corn closed at $4.1275/bushel, up $0.01 from yesterday's close. Jul 26 Wheat closed at $5.845/bushel, down $0.0225 from yesterday's close. Jul 26 Soybeans closed at $11.135/bushel, down $0.015 from yesterday's close. Jul 26 Soymeal closed at $301.3/short ton, down $0.4...
Market Commentary: Quiet Trade Follows WASDE as Livestock Sector Faces Capacity Shifts
What You Need to Know Today: It was a quiet trading day across major agricultural commodities, with most contracts closing within 1 percent of the previous day's settlement. Trading volumes for corn and the soy complex were lighter than earlier in the week, as traders were positioning before a...
WASDE Soybeans - June 2026
USDA’s June outlook for 2026/27 U.S. soybean supply, use, and price projections is unchanged. U.S. soybean ending stocks are unchanged. The result is that U.S. season-average soybean price for 2026/27 is forecast at $11.40 per bushel; soybean meal and oil prices are $310 per short ton and...
Summary of Futures
Jul 26 Corn closed at $4.1175/bushel, down $0.0725 from yesterday's close. Jul 26 Wheat closed at $5.8675/bushel, down $0.0075 from yesterday's close. Jul 26 Soybeans closed at $11.15/bushel, down $0.08 from yesterday's close. Jul 26 Soymeal closed at $301.7/short ton, down $0...
Market Commentary: June WASDE Light on Major Balance Sheet Changes
What You Need to Know Today: The June WASDE report was largely in line with expectations, with no major market-altering changes to the balance sheets. The Producer Price Index rose by 1.1 percent month-over-month in May 2026, exceeding economist estimates of a 0.7 percent rise. The annual head...
AP Quant: WASDE Vegoils
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...
Summary of Futures
Jul 26 Corn closed at $4.19/bushel, down $0.005 from yesterday's close. Jul 26 Wheat closed at $5.875/bushel, up $0.0225 from yesterday's close. Jul 26 Soybeans closed at $11.23/bushel, up $0.0925 from yesterday's close. Jul 26 Soymeal closed at $301.9/short ton, up $0.8 from...
Market Commentary: The Return of Risk Premium
Key Market Insights Macro Markets: Inflation and Iran Reenter the Conversation Just when the grain trade had become comfortable focusing almost exclusively on weather, two major macro stories returned to the spotlight this morning: inflation and Iran. May CPI came in hotter than expected, with...
Then, Now and Next - Final Thoughts
Why read this? Because Mark Twain correctly noted that “History doesn’t repeat itself, but it often rhymes.” One of the most successful commodity traders and an eventual analyst at WPI was Bob Kohlmeyer. He was a history major from Princeton. After 47 years of profession...
U.S. Soybean Exports Become More Diversified as Reliance on China Declines
Key Takeaways: China's rise to become the world's largest soybean importer reshaped global trade flows, but recent trade tensions have reduced its share of U.S. soybean exports. U.S. soybean exports have become increasingly diversified as exporters expanded sales to multiple emerging markets t...
Black Sea Regional Analysis
Russian Grain Markets: 1-5 June 2026 During the week under review, the Russian grain market began showing the first signs of the new season. The shift became visible on export trading platforms as global bearish sentiment intensified, supported by improving crop expectations across Russia's sou...
Summary of Futures
Jul 26 Corn closed at $4.1275/bushel, up $0.01 from yesterday's close. Jul 26 Wheat closed at $5.845/bushel, down $0.0225 from yesterday's close. Jul 26 Soybeans closed at $11.135/bushel, down $0.015 from yesterday's close. Jul 26 Soymeal closed at $301.3/short ton, down $0.4...
Market Commentary: Quiet Trade Follows WASDE as Livestock Sector Faces Capacity Shifts
What You Need to Know Today: It was a quiet trading day across major agricultural commodities, with most contracts closing within 1 percent of the previous day's settlement. Trading volumes for corn and the soy complex were lighter than earlier in the week, as traders were positioning before a...
WASDE Soybeans - June 2026
USDA’s June outlook for 2026/27 U.S. soybean supply, use, and price projections is unchanged. U.S. soybean ending stocks are unchanged. The result is that U.S. season-average soybean price for 2026/27 is forecast at $11.40 per bushel; soybean meal and oil prices are $310 per short ton and...
Summary of Futures
Jul 26 Corn closed at $4.1175/bushel, down $0.0725 from yesterday's close. Jul 26 Wheat closed at $5.8675/bushel, down $0.0075 from yesterday's close. Jul 26 Soybeans closed at $11.15/bushel, down $0.08 from yesterday's close. Jul 26 Soymeal closed at $301.7/short ton, down $0...
Market Commentary: June WASDE Light on Major Balance Sheet Changes
What You Need to Know Today: The June WASDE report was largely in line with expectations, with no major market-altering changes to the balance sheets. The Producer Price Index rose by 1.1 percent month-over-month in May 2026, exceeding economist estimates of a 0.7 percent rise. The annual head...
AP Quant: WASDE Vegoils
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...
Summary of Futures
Jul 26 Corn closed at $4.19/bushel, down $0.005 from yesterday's close. Jul 26 Wheat closed at $5.875/bushel, up $0.0225 from yesterday's close. Jul 26 Soybeans closed at $11.23/bushel, up $0.0925 from yesterday's close. Jul 26 Soymeal closed at $301.9/short ton, up $0.8 from...
Market Commentary: The Return of Risk Premium
Key Market Insights Macro Markets: Inflation and Iran Reenter the Conversation Just when the grain trade had become comfortable focusing almost exclusively on weather, two major macro stories returned to the spotlight this morning: inflation and Iran. May CPI came in hotter than expected, with...
Then, Now and Next - Final Thoughts
Why read this? Because Mark Twain correctly noted that “History doesn’t repeat itself, but it often rhymes.” One of the most successful commodity traders and an eventual analyst at WPI was Bob Kohlmeyer. He was a history major from Princeton. After 47 years of profession...
U.S. Soybean Exports Become More Diversified as Reliance on China Declines
Key Takeaways: China's rise to become the world's largest soybean importer reshaped global trade flows, but recent trade tensions have reduced its share of U.S. soybean exports. U.S. soybean exports have become increasingly diversified as exporters expanded sales to multiple emerging markets t...
Black Sea Regional Analysis
Russian Grain Markets: 1-5 June 2026 During the week under review, the Russian grain market began showing the first signs of the new season. The shift became visible on export trading platforms as global bearish sentiment intensified, supported by improving crop expectations across Russia's sou...