World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 2–5 July 2024 Russian grain markets remained unmistakably bearish under pressure of high carryover and optimistic new crop forecasts. New crop is already arriving at inland elevators and even port terminals. Feed wheat lost $10/MT on a week which is a good indicator. Farmers are dumping feed wheat as they are afraid that new crop will bring prices down even further.  Although this season’s Russian grain crop is going to be modest compared to several record years, the crop will still generate a massive exportable surplus for Russia. At the end of the season, Russia has lost some major international tenders and there is no doubt the government will do everything possible to secure Russia’s posit...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Signals

There were lots of mixed pressures on the market today, and this week overall. Outside markets were key among them. Trading volume was modest today, except for meal, oil, and livestock. On the week, livestock and soyoil took losses, while fund long positions held up for soymeal.  While so...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for August 23-29, 2024. Wheat:  Net sales of 340,000 metric tons (MT) for 2024/2025 were down 36 percent from the previous week and 17 percent from the prior 4-week average. Export shipments of 638,100 MT--a marketing-year high--were up 11 percent from the previo...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0625/bushel, down $0.045 from yesterday's close.  Dec 24 Wheat closed at $5.67/bushel, down $0.0775 from yesterday's close.  Nov 24 Soybeans closed at $10.05/bushel, down $0.185 from yesterday's close.  Dec 24 Soymeal closed at $324.4/short ton, down $2.1...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Signals

There were lots of mixed pressures on the market today, and this week overall. Outside markets were key among them. Trading volume was modest today, except for meal, oil, and livestock. On the week, livestock and soyoil took losses, while fund long positions held up for soymeal.  While so...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for August 23-29, 2024. Wheat:  Net sales of 340,000 metric tons (MT) for 2024/2025 were down 36 percent from the previous week and 17 percent from the prior 4-week average. Export shipments of 638,100 MT--a marketing-year high--were up 11 percent from the previo...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0625/bushel, down $0.045 from yesterday's close.  Dec 24 Wheat closed at $5.67/bushel, down $0.0775 from yesterday's close.  Nov 24 Soybeans closed at $10.05/bushel, down $0.185 from yesterday's close.  Dec 24 Soymeal closed at $324.4/short ton, down $2.1...

biofuel feed-grains

India’s Ethanol Conundrum and Impact on Global Markets

India is attempting to pursue its climate goals through the expansion of biofuel blending into transportation fuels, but the dynamics of the country’s agricultural systems and protectionist trade policies may stymie these efforts. The USDA recently issued an outlook that calls for India t...

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Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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