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

Market Commentary: Down Day but Most of the Week Was Temporarily Up

Today’s trading was mostly lower based on South American weather and the ever-present tariff threat. Overall, the first week in February 2025 experienced the following: It was the fourth week in a row higher for SRW, and the third week up for HRW and HRS. It was the second week in a row...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.875/bushel, down $0.0775 from yesterday's close.  Mar 25 Wheat closed at $5.8275/bushel, down $0.05 from yesterday's close.  Mar 25 Soybeans closed at $10.495/bushel, down $0.11 from yesterday's close.  Mar 25 Soymeal closed at $301.4/short ton, down $5 f...

feed-grains soy-oilseeds wheat

WPI 2025 Acreage Outlook

With the USDA’s annual Ag Outlook forum happening at the end of this month and planting season a little more than four weeks away for parts of the U.S., the industry is turning its attention to the acreage outlook for 2025. This year offers significant differences from recent conditions t...

feed-grains soy-oilseeds wheat

Market Commentary: Down Day but Most of the Week Was Temporarily Up

Today’s trading was mostly lower based on South American weather and the ever-present tariff threat. Overall, the first week in February 2025 experienced the following: It was the fourth week in a row higher for SRW, and the third week up for HRW and HRS. It was the second week in a row...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.875/bushel, down $0.0775 from yesterday's close.  Mar 25 Wheat closed at $5.8275/bushel, down $0.05 from yesterday's close.  Mar 25 Soybeans closed at $10.495/bushel, down $0.11 from yesterday's close.  Mar 25 Soymeal closed at $301.4/short ton, down $5 f...

feed-grains soy-oilseeds wheat

WPI 2025 Acreage Outlook

With the USDA’s annual Ag Outlook forum happening at the end of this month and planting season a little more than four weeks away for parts of the U.S., the industry is turning its attention to the acreage outlook for 2025. This year offers significant differences from recent conditions t...

FOB Prices and Freight Rates App (Updated 7 February)

Transportation and Freight Market Comments - 7 February 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk freight markets saw incredibly weak demand and pricing before the Lunar New Year holiday with rates dipping to multi-year lows for several vessel classes. Since the holiday, however,...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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