World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 12 – 16 December 2022    Russian grain markets remain bearish with many factors putting pressure on the market including but not limited to export duties, a relatively strong local currency, a record crop, and competition with Ukrainian wheat and corn in the Black Sea area. The government is watching and adjusting export duties accordingly leaving farmers and traders only a small margin. The only buyer which is stable and pays well on the market is the government. However, only around 200,000 MT are left to be bought in the intervention fund and this does not resolve the issue of pricing for the Russian farmer. A record crop and the slow pace of exports this season are going to continue feeding the b...

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feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.19/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.1525/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.18/bushel, down $0.0575 from yesterday's close.  Dec 25 Soymeal closed at $278.6/short ton, down $0.7...

feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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feed-grains soy-oilseeds wheat

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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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