Russian Grain Markets: 23–27 February 2026 The Russian grain market turned bearish during the final week of February as global trends and heavy domestic stocks pressured values across most regions. According to updated 2025 crop data from Rosstat, total grain production reached 141.15 mil...
May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close. May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close. May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close. May 26 Soymeal closed at $309.9/short ton, down $...
Four days into the U.S.-Iran conflict, it is becoming apparent that the conflict will last longer than a few days, and impacts could be more widespread than expected. That sentiment drove macroeconomic and commodity futures markets on Tuesday, which meant risk-off trading in the macro sector an...
War and China The U.S. and Israeli attacks on Iran also involve China, tangentially if not directly. Iran has been supplying about 13.4 percent of China’s oil imports, roughly 1 million barrels per day. The attacks follow the U.S. removal of Venezuela’s leader, a country that is a s...
May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close. May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close. May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close. May 26 Soymeal closed at $309.9/short ton, down $...
Four days into the U.S.-Iran conflict, it is becoming apparent that the conflict will last longer than a few days, and impacts could be more widespread than expected. That sentiment drove macroeconomic and commodity futures markets on Tuesday, which meant risk-off trading in the macro sector an...
War and China The U.S. and Israeli attacks on Iran also involve China, tangentially if not directly. Iran has been supplying about 13.4 percent of China’s oil imports, roughly 1 million barrels per day. The attacks follow the U.S. removal of Venezuela’s leader, a country that is a s...
Senate Minority Leader Chuck Schumer (D-N.Y.) is currently seeking co-sponsors for a bill he will introduce as early as Thursday of this week, the Family Grocer and Farmer Relief Act. The plan promises to “break up dominant meatpackers, rein in foreign-controlled corporate giants, and use...
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”...
Senate Minority Leader Chuck Schumer (D-N.Y.) is currently seeking co-sponsors for a bill he will introduce as early as Thursday of this week, the Family Grocer and Farmer Relief Act. The plan promises to “break up dominant meatpackers, rein in foreign-controlled corporate giants, and use...
May 26 Corn closed at $4.465/bushel, up $0.0075 from yesterday's close. May 26 Wheat closed at $5.74/bushel, down $0.0325 from yesterday's close. May 26 Soybeans closed at $11.705/bushel, up $0.065 from yesterday's close. May 26 Soymeal closed at $314.7/short ton, up $1.8 from...
Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey’s flour exports in 2025, at 2.36 MMT, were back up close to 2019 levels but well below the five-year average of close to 3.0 MMT. Exports were low due to drought and Turkey’s export restrictions. Shipments of fl...
Regional News The latest crop update from the EU Commission’s MARS crop monitoring division reported “broadly satisfactory” conditions across much of the bloc through February. Persistent frost in parts of northern and eastern Europe is a concern for the winter crops, pa...
Beef packer margins improved sharply last week but remained deeply negative, with estimated net losses narrowing to -$206/head from the prior week’s extreme levels. The recovery was driven by a stronger boxed beef cutout, which rose to $371.62/cwt, while fed cattle prices moved lower on t...
The primary drivers of Monday’s grain trade were, of course, the U.S. and Israel’s weekend attacks on Iran that killed the latter country’s Supreme Leader Khamenei and the subsequent cascade of impacts on global markets. WPI covers these impacts in more detail in our nearby ar...
For weeks now, global energy and geopolitical markets have been speculating about a possible conflict in the Middle East between Iran and the U.S., but they still seemed unprepared and entirely surprised by what happened this weekend. Without going into the details that news outlets have alrea...
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