World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 17–21 June 2024 Russia’s grain markets were quite volatile with some regions showing price recoveries. Southern Russia’s harvesting campaign is underway. Fresh demand for new crop barley has seen better price levels and as long as feed barley exports are duty free, this may help Russian exporters get better deals on forwarding contracts. However, Russia’s key grain – wheat – is going through turbulent time as prices are falling both globally and in the Black Sea region. Adding to the equation is a stable or slightly stronger Russian RUB; there may be even lower price levels for wheat domestically. A new mathematical calculation for the export duty for wheat becomes effective 1 Ju...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds adding to net long position across the major ag futures contracts after a two week break as deteriorating negotiations in the Middle East and the emergence of weather concerns triggered risk-on buying. Funds bought 40,000 contracts (4.7 percent) to their...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 26 Corn closed at $4.6925/bushel, up $0.0575 from yesterday's close.  Jul 26 Wheat closed at $6.2975/bushel, up $0.13 from yesterday's close.  Jul 26 Soybeans closed at $11.92/bushel, up $0.135 from yesterday's close.  Jul 26 Soymeal closed at $327.8/short ton, up $8.7 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Markets’ Two Key Factors Increasingly Bullish

The big picture for commodity markets is that imperfect weather and the lack of a peace deal in the Middle East are mandating that traders keep risk premia in prices. All other developments in ag futures stem in some way from these two factors, though the details of how, exactly, these factors...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds adding to net long position across the major ag futures contracts after a two week break as deteriorating negotiations in the Middle East and the emergence of weather concerns triggered risk-on buying. Funds bought 40,000 contracts (4.7 percent) to their...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 26 Corn closed at $4.6925/bushel, up $0.0575 from yesterday's close.  Jul 26 Wheat closed at $6.2975/bushel, up $0.13 from yesterday's close.  Jul 26 Soybeans closed at $11.92/bushel, up $0.135 from yesterday's close.  Jul 26 Soymeal closed at $327.8/short ton, up $8.7 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Markets’ Two Key Factors Increasingly Bullish

The big picture for commodity markets is that imperfect weather and the lack of a peace deal in the Middle East are mandating that traders keep risk premia in prices. All other developments in ag futures stem in some way from these two factors, though the details of how, exactly, these factors...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Corn Intermittent rains of varying intensity continue to disrupt Argentina’s corn harvest across key agricultural regions. Dry windows have not been sufficient to improve field conditions or reduce grain moisture, keeping progress slow and prompting many producers to prioritize...

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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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