World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

The Russian Ministry of Agriculture reported that as of 26 November, Russian farmers produced 132 MMT of grains in bunker weight which is 19.3 MMT less than a year ago. This is with the crop harvested from 97.7 percent of the area yielding only 2.82 M/ha versus 3.16/MT a year ago. Grain yields are very poor. Russia could potentially improve their grain production by improving technology, genetics, and efficiency. For reference, Russian production of sugar beets dropped from 50.4 MMT to 44 MMT mostly because of lower yields this season. Potato production dropped from 8.3 MMT to 7.1 MMT.Particularly, wheat production – Russia’s trump card on the international markets – showed 87.7 MMT versus 98.6 MMT a year ago where yield dropped from 3...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8425/bushel, up $0.0975 from yesterday's close. Mar 25 Wheat closed at $5.3875/bushel, up $0.0125 from yesterday's close. Mar 25 Soybeans closed at $10.34/bushel, up $0.15 from yesterday's close. Mar 25 Soymeal closed at $297.2/short ton, up $2.8 from yes...

feed-grains soy-oilseeds wheat

Market Commentary: Market Gets a Bounce Ahead of Long Weekend

Commodity markets retraced some of the losses from Thursday, ending higher on Friday but not necessarily for the week. Corn is on a roll, nearing heights not seen in more than a year, but even cattle lost some of their bullish glow this week.  01172025MC_weeklychange.png 22.13 KBA key vect...

FOB Prices and Freight Rates App (Updated 17 January)

Ocean Freight Comments - 17 January 2025By Matt HerringtonIn the past month since WPI last provided our freight market commentary, dry bulk ocean freight rates have not done much at all. The holiday doldrums left markets to drift sideways/lower with slack cargo demand and little other excitemen...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8425/bushel, up $0.0975 from yesterday's close. Mar 25 Wheat closed at $5.3875/bushel, up $0.0125 from yesterday's close. Mar 25 Soybeans closed at $10.34/bushel, up $0.15 from yesterday's close. Mar 25 Soymeal closed at $297.2/short ton, up $2.8 from yes...

feed-grains soy-oilseeds wheat

Market Commentary: Market Gets a Bounce Ahead of Long Weekend

Commodity markets retraced some of the losses from Thursday, ending higher on Friday but not necessarily for the week. Corn is on a roll, nearing heights not seen in more than a year, but even cattle lost some of their bullish glow this week.  01172025MC_weeklychange.png 22.13 KBA key vect...

FOB Prices and Freight Rates App (Updated 17 January)

Ocean Freight Comments - 17 January 2025By Matt HerringtonIn the past month since WPI last provided our freight market commentary, dry bulk ocean freight rates have not done much at all. The holiday doldrums left markets to drift sideways/lower with slack cargo demand and little other excitemen...

feed-grains soy-oilseeds wheat

Market Commentary: Give Us Our Daily Brake

Futures took a weather break today. The rain slated for Argentina and southern Brazil this weekend doesn’t appear monumental, but something is better than nothing, and something is all it takes to put brakes on a borderline market. The day’s trading closely tracked the overnight, with red showi...

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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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