World Perspectives

Expanding U.S. Soybean Crush Won’t Eliminate the Need for Exports

Key Takeaways: Expanding U.S. soybean crushing capacity is strengthening domestic demand, driven largely by growing soyoil consumption from the renewable diesel and biofuels industries. Despite increased domestic processing, substantial quantities of U.S. soybeans are expected to remain availa...

Today’s Top insights
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.49/bushel, up $0.0975 from yesterday's close.  Dec 26 Wheat closed at $5.9275/bushel, up $0.0475 from yesterday's close.  Jan 27 Soybeans closed at $12.28/bushel, up $0.3975 from yesterday's close.  Dec 26 Soymeal closed at $326.5/short ton, up $5.8 from...

feed-grains

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...

soy-oilseeds

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...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.49/bushel, up $0.0975 from yesterday's close.  Dec 26 Wheat closed at $5.9275/bushel, up $0.0475 from yesterday's close.  Jan 27 Soybeans closed at $12.28/bushel, up $0.3975 from yesterday's close.  Dec 26 Soymeal closed at $326.5/short ton, up $5.8 from...

feed-grains

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...

soy-oilseeds

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...

wheat

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...

WPI Crop Progress and Conditions App (Updated 9 November)

Developer's Note 24 August 2026:  WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...

wheat

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...

soy-oilseeds biofuel

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...

soy-oilseeds

The Role of Currency Exchange Rates in Agricultural Trade

Key Takeaways: Currency exchange rates influence agricultural export competitiveness and producer profitability, even when underlying commodity prices remain unchanged. A weaker domestic currency allows agricultural exporters to receive more local currency for dollar-denominated sales, potenti...

equities energy

A Closer, More Complex Look at Inflation

Although inflation has remained elevated since the post-COVID surge, it steadily moderated until the past year. More to the point, today’s inflation looks very different from 2022, when the Consumer Price Index (CPI) peaked at 9 percent. During and after the pandemic, the M2 money supply...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans Brazil Last week was once again very quiet, with very few trades. There is little activity in Brazil's old-crop market, with virtually no old-crop offers remaining for November. Brazil's export lineup for November and December is currently much smaller than last year's. After exporting...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.415/bushel, up $0.015 from yesterday's close.  Dec 26 Wheat closed at $5.9125/bushel, down $0.08 from yesterday's close.  Jan 27 Soybeans closed at $11.9375/bushel, up $0.055 from yesterday's close.  Dec 26 Soymeal closed at $319.2/short ton, up $2 from y...

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