World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 6 – 10 January 2025Traditionally during a prolonged holiday season, which in Russia does not coincide with the holiday season in most other countries because of the Russian Orthodox calendar, Russian grain trading volume is low. However, pricing forgot about the holiday season and bullish behaviour was seen all across the full range of agricultural commodities. The key factor here was forex. The only commodity which remained unchanged was peas and this can be explained by sporadic demand for this commodity and seasonality factors.Farmers are confident that the market is destined to be bullish as reports are coming out showing smaller and smaller remaining stocks.However, export lives its own life and is not prepared t...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia’s 2026 winter crop planting started a little late due to a lack of rainfall, but this improved in January as rainfall caught up. Winter wheat and barley crops are expected to be good for the harvest later in 2026. 20...

livestock

Livestock Industry Margins

Beef packer margins deteriorated sharply last week, with estimated net margins falling to -$330.80/hd, down $60.58/hd week over week. The Choice cutout held nearly flat at $365.62/cwt, but fed cattle prices continued to climb, with live steers at $246.91/cwt and dressed prices surging to $387.9...

feed-grains soy-oilseeds wheat

Market Commentary: SCOTUS Ruling, South America Weather Send CBOT Lower

The CBOT turned lower on Monday, with the back-and-forth action of the Supreme Court and President Trump regarding tariffs on foreign imports driving volatility. For the ag markets, the biggest impact of the SCOTUS ruling seems to be doubts that China will adhere to its soybean purchase plan, a...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia’s 2026 winter crop planting started a little late due to a lack of rainfall, but this improved in January as rainfall caught up. Winter wheat and barley crops are expected to be good for the harvest later in 2026. 20...

livestock

Livestock Industry Margins

Beef packer margins deteriorated sharply last week, with estimated net margins falling to -$330.80/hd, down $60.58/hd week over week. The Choice cutout held nearly flat at $365.62/cwt, but fed cattle prices continued to climb, with live steers at $246.91/cwt and dressed prices surging to $387.9...

feed-grains soy-oilseeds wheat

Market Commentary: SCOTUS Ruling, South America Weather Send CBOT Lower

The CBOT turned lower on Monday, with the back-and-forth action of the Supreme Court and President Trump regarding tariffs on foreign imports driving volatility. For the ag markets, the biggest impact of the SCOTUS ruling seems to be doubts that China will adhere to its soybean purchase plan, a...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, up $0 from yesterday's close.  May 26 Wheat closed at $5.7375/bushel, down $0.065 from yesterday's close.  May 26 Soybeans closed at $11.4975/bushel, down $0.035 from yesterday's close.  May 26 Soymeal closed at $312.5/short ton, down $1.3 fro...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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