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...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed to Lower on Safety Ahead of the Long Weekend

There was both a lot and not much going on this Friday the 13th in November. The fundamentals are unchanged, but some riskier positions were neutralized and some profits taken ahead of the long weekend, with the federal holiday closing down futures markets on Monday. Volume was generally lower,...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3175/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.4875/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $11.33/bushel, down $0.0425 from yesterday's close.  Mar 26 Soymeal closed at $309.2/short ton, up $1.3...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed to Lower on Safety Ahead of the Long Weekend

There was both a lot and not much going on this Friday the 13th in November. The fundamentals are unchanged, but some riskier positions were neutralized and some profits taken ahead of the long weekend, with the federal holiday closing down futures markets on Monday. Volume was generally lower,...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3175/bushel, up $0.005 from yesterday's close.  Mar 26 Wheat closed at $5.4875/bushel, down $0.0375 from yesterday's close.  Mar 26 Soybeans closed at $11.33/bushel, down $0.0425 from yesterday's close.  Mar 26 Soymeal closed at $309.2/short ton, up $1.3...

Who is Paying for U.S. Tariffs?

Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 percent at the beginning of the year to 13 percent by year-end. It then spiked in April and May, when tariffs on Chinese goods were raised by 125 percentage points, before being reversed by 115 percentage points...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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