World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 28 October – 1 November 2024Russian analysts revised the 2024 Russian crop downwards to 128.8 MMT without newly occupied territories but with Crimea which was occupied a decade ago. This new forecast is down 11 percent from the previous year. Wheat is at 85.6 MMT – down 8 percent, barley down 12 percent at 18.6 MMT, and corn is at 12.2 MMT – down 26.5 percent. Domestic consumption in Russia is estimated at 74.2 MMT versus 74.4 MMT in 2023 which is strange because with more occupied territories you would think you would need to feed more people. At the same time, losses of armed forces in the front in Ukraine are massive and are believed to be hundreds of thousands. The Ministry of Agriculture forecasts the grain...

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feed-grains soy-oilseeds wheat

Market Commentary: War and Easter Exit Strategy

There were a lot of moving parts on the last trading day of the holiday-shortened week, but liquidation and profit-taking may have been the strongest. A prolonged war and higher energy prices will impact consumption and inflation, while supporting biofuels. Storm systems may reduce some of the...

FOB Prices and Freight Rates App (Updated 3 April)

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

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.02 from yesterday's close.  May 26 Wheat closed at $5.9825/bushel, up $0.0075 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, down $0.05 from yesterday's close.  May 26 Soymeal closed at $315.2/short ton, down $3 fr...

feed-grains soy-oilseeds wheat

Market Commentary: War and Easter Exit Strategy

There were a lot of moving parts on the last trading day of the holiday-shortened week, but liquidation and profit-taking may have been the strongest. A prolonged war and higher energy prices will impact consumption and inflation, while supporting biofuels. Storm systems may reduce some of the...

FOB Prices and Freight Rates App (Updated 3 April)

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

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.02 from yesterday's close.  May 26 Wheat closed at $5.9825/bushel, up $0.0075 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, down $0.05 from yesterday's close.  May 26 Soymeal closed at $315.2/short ton, down $3 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5425/bushel, down $0.035 from yesterday's close.  May 26 Wheat closed at $5.975/bushel, down $0.1875 from yesterday's close.  May 26 Soybeans closed at $11.685/bushel, down $0.025 from yesterday's close.  May 26 Soymeal closed at $318.2/short ton, up $1.8...

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