World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 21 – 25 October 2024The Russian grain markets remained stable on the export front and slightly bearish after recent peaks. Domestic prices are trying to catch up with export price levels and even in Siberia, prices were recovering. Global pricing effects export prices in the Black Sea region and this in turn affects domestic prices as exportable surplus is still huge and the domestic industry is not really competing with the global demand, especially wheat. Also, export duties keep growing as if hoping that the world will turn upside down and follow the Russian government trend or at least this seems that this is part of the game.Weekly exports remain stable at around 1 MMT, mostly wheat. October grain exports may hit...

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FOB Prices and Freight Rates App (Updated 30 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 16-22, 2026  Wheat: Net sales of 558,200 metric tons (MT) for 2025/2026 were down 10 percent from the previous week, but up noticeably from the prior 4-week average. Export shipments of 378,800 MT were up 2 percent from the previous week and 19 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Impacts as Commodities Move Their Own Way

Markets traded higher overnight and opened that way this morning, but the soy complex quickly gave way. Weather threatens shipments down the Mississippi, yields in Argentina and southern Brazil, Ukraine, and other places as well. But it is still a buyers’ market.  A decent USDA Expor...

FOB Prices and Freight Rates App (Updated 30 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 16-22, 2026  Wheat: Net sales of 558,200 metric tons (MT) for 2025/2026 were down 10 percent from the previous week, but up noticeably from the prior 4-week average. Export shipments of 378,800 MT were up 2 percent from the previous week and 19 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Impacts as Commodities Move Their Own Way

Markets traded higher overnight and opened that way this morning, but the soy complex quickly gave way. Weather threatens shipments down the Mississippi, yields in Argentina and southern Brazil, Ukraine, and other places as well. But it is still a buyers’ market.  A decent USDA Expor...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3075/bushel, up $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.415/bushel, up $0.055 from yesterday's close.  Mar 26 Soybeans closed at $10.7225/bushel, down $0.0275 from yesterday's close.  Mar 26 Soymeal closed at $296/short ton, down $1.8 f...

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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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