World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 3 – 7 March 2025 The Russian Ministry of Agriculture forecasts this year's total planted area to be higher than the previous year, reaching almost 84 million hectares (Mha), of which 55.8 million are spring crops. The Russian Statistics Agency reported that wheat production in Russia during 2024 totalled 82.6 MMT, down 11 percent from last year. Russian analysts forecast 2025 production of wheat even lower, losing another 4.7 percent, totalling only 78.7 MMT. The decreased production of wheat in Russia is a combination of factors, including low margins, high export duties, weather conditions, and decreased acreage. Even occupied territories of Ukraine would not compensate for a negative trend on the wheat produc...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4025/bushel, down $0.0075 from yesterday's close.  May 26 Wheat closed at $5.8225/bushel, up $0.1125 from yesterday's close.  May 26 Soybeans closed at $11.6225/bushel, down $0.135 from yesterday's close.  May 26 Soymeal closed at $331.9/short ton, up $0...

feed-grains soy-oilseeds wheat

Market Commentary: Political Tail Still Wagging the Market Dog

Politics are once again the tail wagging the dog in commodity markets. U.S. negotiations with Iran fell apart (again) over the weekend after Iran refused to agree to a permanent end of its nuclear weapons program. Rather than a return to the recent status quo, however, markets are adjusting to...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

CORN With a rainy start to April and excess moisture across much of Argentina’s agricultural region, the corn harvest has slowed, advancing just 2 percentage points over the past week to reach 21 percent of the total area. Rainfall during the second and third dekads of March was significa...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4025/bushel, down $0.0075 from yesterday's close.  May 26 Wheat closed at $5.8225/bushel, up $0.1125 from yesterday's close.  May 26 Soybeans closed at $11.6225/bushel, down $0.135 from yesterday's close.  May 26 Soymeal closed at $331.9/short ton, up $0...

feed-grains soy-oilseeds wheat

Market Commentary: Political Tail Still Wagging the Market Dog

Politics are once again the tail wagging the dog in commodity markets. U.S. negotiations with Iran fell apart (again) over the weekend after Iran refused to agree to a permanent end of its nuclear weapons program. Rather than a return to the recent status quo, however, markets are adjusting to...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

CORN With a rainy start to April and excess moisture across much of Argentina’s agricultural region, the corn harvest has slowed, advancing just 2 percentage points over the past week to reach 21 percent of the total area. Rainfall during the second and third dekads of March was significa...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds paring back their net long position across the major ag futures contracts, ending a ten-week streak of net buying. Funds sold 62,000 contracts (6.4 percent) to their all-ags net long position last week with selling in corn, soybeans, and CBOT wheat respon...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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