What You Need to Know Today: American and Mexican officials met Tuesday and will meet again Wednesday for another round of trade talks, where ag and energy will be a key topic. Another round is scheduled for 20 July. Ag groups are urging President Trump to renew USMCA for another 16 years, but...
Congratulations to Gary Blumenthal on his retirement after more than 40 years of service to agriculture and WPI. From Capitol Hill to USDA, the White House, and WPI, Gary helped shape agricultural policy and trade for decades. Thank you, Gary, and best wishes in retirement!
After more than 40 years serving the agricultural industry and leading World Perspectives, Inc., Gary Blumenthal is retiring. His career—which included time on Capitol Hill, at USDA and the White House—helped shape U.S. and international agricultural policy and guided strategic disc...
Jul 26 Corn closed at $4.1375/bushel, down $0.0175 from yesterday's close. Jul 26 Wheat closed at $5.96/bushel, up $0.0625 from yesterday's close. Jul 26 Soybeans closed at $11.3/bushel, up $0.1075 from yesterday's close. Jul 26 Soymeal closed at $304.8/short ton, up $2.8 from...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt Grain Situation Recap: Wheat stocks in Egypt are at good levels, with only limited import interest. However, there is some concern over the supply of wheat from the Black Sea later in the year due to current weather problem...
Jul 26 Corn closed at $4.1375/bushel, down $0.0175 from yesterday's close. Jul 26 Wheat closed at $5.96/bushel, up $0.0625 from yesterday's close. Jul 26 Soybeans closed at $11.3/bushel, up $0.1075 from yesterday's close. Jul 26 Soymeal closed at $304.8/short ton, up $2.8 from...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt Grain Situation Recap: Wheat stocks in Egypt are at good levels, with only limited import interest. However, there is some concern over the supply of wheat from the Black Sea later in the year due to current weather problem...
Beef packer margins deteriorated to -$218/head last week, down $20 from the prior week as a softer Choice cutout combined with slightly lower fed cattle prices. The cutout slipped to $391/cwt while fed cattle prices eased to $256/cwt, leaving packer profits under pressure. Margins remain deeply...
Since the first U.S. case of New World Screwworm (NWS) was confirmed on 3 June, USDA has confirmed 12 cases. The latest was confirmed in a sheep on 12 June, with four additional cases confirmed in Texas on 11 June, three in cattle and one in a goat. The New Mexico case confirmed that the infect...
Beef packer margins deteriorated to -$218/head last week, down $20 from the prior week as a softer Choice cutout combined with slightly lower fed cattle prices. The cutout slipped to $391/cwt while fed cattle prices eased to $256/cwt, leaving packer profits under pressure. Margins remain deeply...
Jul 26 Corn closed at $4.155/bushel, up $0.0275 from yesterday's close. Jul 26 Wheat closed at $5.8975/bushel, up $0.0525 from yesterday's close. Jul 26 Soybeans closed at $11.1925/bushel, up $0.0575 from yesterday's close. Jul 26 Soymeal closed at $302/short ton, up $0.7 from...
What You Need to Know Today: The U.S. and Iran agreed to a peace deal on Monday with the deal expected to be signed Friday in Switzerland. The memorandum signed is explicit that Iran will allow 60 days of toll-free transit for all traffic through the Strait of Hormuz, and President Trump annou...
The U.S. and Iran announced a framework peace deal. Crude oil futures dropped to $83.08, the lowest since early March. The breakthrough comes as President Trump said that if Iran failed to reach a deal, he would order renewed military attacks. An LNG tanker chartered by India’s Petronet c...
Key Takeaways: Vertical farming offers year-round production, reduced water use, and the ability to grow fresh produce closer to consumers. High electricity consumption for lighting and climate control has proven to be the industry's biggest obstacle to profitability. Large upfront investments...
Developer's Note: 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 obs...
Wheat Rainfall across most of Argentina's agricultural regions during the past week slowed the pace of 2026/27 wheat planting. Even so, planting progress has reached 44.2 percent of the projected 6.5 million hectares, following a weekly advance of 11.8 percentage points. Fieldwork was concentra...
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