World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 26–30 June 2023  Russian Grain Union is estimating the Russian grain crop at 130-140 MMT and export potential at 55 MMT. The Union is not expecting a record crop again and is estimating a 10 percent decline. A pessimistic scenario discussed by some domestic analysts shows 120 MMT of grains and 78 MMT of wheat, others predict 87 MMT of wheat. Wheat During 2022, Russia produced a record 157.7 MMT of grains of which 104.2 MMT was wheat. Preliminary estimates of 2022/23 grain exports totaled 61.8 MMT. Ninety-three percent of winter wheat is reported in good condition, however in certain areas winter wheat was replanted. Spring wheat planting showed 13.8 Mha which is very close to a 12-year record and is up...

Related Articles
feed-grains soy-oilseeds wheat

Greenland Tweets Sink Macroeconomic Markets, CBOT and Ags Follow

The CBOT started off in risk-off mode Tuesday as rising U.S./EU tensions and odd dynamics in global macroeconomic markets (the rally in Japanese bond yields, in particular) unnerved investors.  The biggest driver of the risk-off trade was President Trump’s continued – and appar...

China Market Analysis

Economy and Diet The decline in China’s population, with the birthrate falling 17 percent to its lowest since 1949, is likely having some impact on total food consumption. Slower-than-reported economic growth may also be a factor, as 2025 saw lower agricultural prices and fewer imports. M...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq is reported to be facing the “driest year in modern history” due to drought and greatly reduced water flow in the Tigris and Euphrates rivers through Turkey. Forecasters say the 2025/26 wheat crop could be down by...

feed-grains soy-oilseeds wheat

Greenland Tweets Sink Macroeconomic Markets, CBOT and Ags Follow

The CBOT started off in risk-off mode Tuesday as rising U.S./EU tensions and odd dynamics in global macroeconomic markets (the rally in Japanese bond yields, in particular) unnerved investors.  The biggest driver of the risk-off trade was President Trump’s continued – and appar...

China Market Analysis

Economy and Diet The decline in China’s population, with the birthrate falling 17 percent to its lowest since 1949, is likely having some impact on total food consumption. Slower-than-reported economic growth may also be a factor, as 2025 saw lower agricultural prices and fewer imports. M...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq is reported to be facing the “driest year in modern history” due to drought and greatly reduced water flow in the Tigris and Euphrates rivers through Turkey. Forecasters say the 2025/26 wheat crop could be down by...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2375/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.1025/bushel, down $0.0775 from yesterday's close.  Mar 26 Soybeans closed at $10.53/bushel, down $0.0475 from yesterday's close.  Mar 26 Soymeal closed at $291.6/short ton, up $1.6...

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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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