World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 26 February–1 March 2024 Russian grain markets remained bearish following the global trend exports are the key driver. For several weeks in a row, Russian pea prices have climbed higher and higher and as long as there is no export duty for peas, this commodity will remain a favorite for many traders. All grains are under pressure from all sides – excessive stocks, bearish global sentiments, high export duties, and a relatively strong RUB.  All the above factors are dooming Russian grain commodities. Only 4th grade milling wheat remained relatively stable thanks to solid export demand as Russia won several large international tenders for March-April deliveries. However, Jordan’s tender for 60,0...

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feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Surge as Trumps Says China in for Another 8 MMT

There are days in the commodity markets when it feels like nothing is happening in any market, and then there are days when it feels like everything is happening in every market. Today was one of the latter days.  The big headline in ag trade Wednesday was the soybean futures and broader s...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 26–30 January 2026 The Russian grains market remains volatile, with bearish sentiment prevailing on the RUB export trade platform despite higher U.S. dollar–denominated export prices and zero export duties currently in place. With a large crop available, marke...

feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Large supplies and strong exports of wheat from the Black Sea and Russia continue to cap upside potential for wheat. U.S. and EU markets rallied last week until late in the week, when they hit a combination of technical pressure and increased competition from the Black Sea.&...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Surge as Trumps Says China in for Another 8 MMT

There are days in the commodity markets when it feels like nothing is happening in any market, and then there are days when it feels like everything is happening in every market. Today was one of the latter days.  The big headline in ag trade Wednesday was the soybean futures and broader s...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 26–30 January 2026 The Russian grains market remains volatile, with bearish sentiment prevailing on the RUB export trade platform despite higher U.S. dollar–denominated export prices and zero export duties currently in place. With a large crop available, marke...

feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Large supplies and strong exports of wheat from the Black Sea and Russia continue to cap upside potential for wheat. U.S. and EU markets rallied last week until late in the week, when they hit a combination of technical pressure and increased competition from the Black Sea.&...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.295/bushel, up $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2675/bushel, down $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.9225/bushel, up $0.265 from yesterday's close.  Mar 26 Soymeal closed at $296.2/short ton, up $4.3 from...

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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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