World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 24 – 28 February 2025 During the last week of February, the market remained bullish with some regional deviations. Milling wheat remained bullish pulling up feed wheat and milling rye which is in short supply as well. And it is no wonder as during 2024 rye crop acreage dropped 20 percent down to 667,000 ha, producing barely 1.16 MMT versus 1.7 MMT in 2023. Feed corn is living its own life since there is no quota in the European part of Russia, we may not see any exports in the near term and therefore prices will be in the hands of the domestic feed industry and livestock operations. A stronger RUB is affecting prices on all fronts as export duties are being calculated in RUB. Trading in the ports can be done in...

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feed-grains soy-oilseeds wheat

Markets Fall on WASDE and Trade War

Today’s March USDA WASDE report did nothing to temper the bearish mood in both commodity and equity markets. Volume was light ahead of the WASDE release and stayed that way. While corn and soybeans traded mostly in the green ahead of the report, wheat had no reason to be bullish. There wa...

soy-oilseeds

WASDE Soybeans

Soybeans: USDA’s March estimates for the U.S. 2024/25 season are unchanged this month. The season-average soybean price is projected at $9.95 per bushel, down 15 cents from last month. The price estimates for meal and oil prices are unchanged at $310 per short ton and 43 cents per pound...

feed-grains

WASDE Corn

Corn: USDA’s March estimates for the U.S. 2024/25 season are unchanged from last month – and the season-average corn price received by farmers is unchanged at $4.35 per bushel. USDA’s global corn outlook is for higher foreign corn production: Increases in India, Russia, and Uk...

feed-grains soy-oilseeds wheat

Markets Fall on WASDE and Trade War

Today’s March USDA WASDE report did nothing to temper the bearish mood in both commodity and equity markets. Volume was light ahead of the WASDE release and stayed that way. While corn and soybeans traded mostly in the green ahead of the report, wheat had no reason to be bullish. There wa...

soy-oilseeds

WASDE Soybeans

Soybeans: USDA’s March estimates for the U.S. 2024/25 season are unchanged this month. The season-average soybean price is projected at $9.95 per bushel, down 15 cents from last month. The price estimates for meal and oil prices are unchanged at $310 per short ton and 43 cents per pound...

feed-grains

WASDE Corn

Corn: USDA’s March estimates for the U.S. 2024/25 season are unchanged from last month – and the season-average corn price received by farmers is unchanged at $4.35 per bushel. USDA’s global corn outlook is for higher foreign corn production: Increases in India, Russia, and Uk...

wheat

WASDE Wheat

Wheat: USDA reduced U.S. wheat exports for the 2024/25 season by 15 million bushels and increased imports by 10 million bushels.  The result is that U.S. ending stocks are raised 25 million bushels to 819 million, up 18 percent from last year. Thus, the U.S. season-average farm price is re...

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