World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 23–27 September 2024 The Russian grain market was bullish in European Russia but bearish in the Asian part and Siberia because Kazakhstan introduced a temporary ban on imports of Russian wheat. Grain storage facilities are being filled up to the brim with new crop coming in. Moreover, with less competition in the ports (most of the multinationals stopped their origination business in Russia and Trade House Reef is also gone), Russian farmers will be in a bind as exporters are not in a hurry to increase their bids, at least at this point. Even though wheat production this season in Russia is around 10 MMT lower than a year ago, wheat stocks are ample. Russian analysts believe that famers are refusing to invest...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 6-12, 2026.  Wheat: Net sales of 288,000 metric tons (MT) for 2025/2026 were down 41 percent from the previous week and 44 percent from the prior 4-week average. Export shipments of 322,600 MT were down 44 percent from the previous week and 26 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Outside Market Noise, but Fundamentals Prevail

Overall economic data released earlier on Friday presented a mixed picture, and that was followed by a long-expected court ruling on Trump tariffs. This week had lots of geopolitical uncertainties, from a U.S. military buildup in the Middle East to peace talks between Russia and Ukraine going s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, up $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, up $0.135 from yesterday's close.  Mar 26 Soybeans closed at $11.375/bushel, down $0.035 from yesterday's close.  Mar 26 Soymeal closed at $309.8/short ton, up $5 from...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 6-12, 2026.  Wheat: Net sales of 288,000 metric tons (MT) for 2025/2026 were down 41 percent from the previous week and 44 percent from the prior 4-week average. Export shipments of 322,600 MT were down 44 percent from the previous week and 26 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Outside Market Noise, but Fundamentals Prevail

Overall economic data released earlier on Friday presented a mixed picture, and that was followed by a long-expected court ruling on Trump tariffs. This week had lots of geopolitical uncertainties, from a U.S. military buildup in the Middle East to peace talks between Russia and Ukraine going s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, up $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, up $0.135 from yesterday's close.  Mar 26 Soybeans closed at $11.375/bushel, down $0.035 from yesterday's close.  Mar 26 Soymeal closed at $309.8/short ton, up $5 from...

feed-grains soy-oilseeds wheat

Thoughts on USDA Ag Outlook Numbers

The USDA’s annual Agricultural Outlook Forum (AOF) featured the agency’s first look at the 2026/27 balance sheet for the major U.S. crops and livestock products. For corn, wheat, and soybeans, this year’s numbers were in line with expectations and did not spark much reaction f...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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