World Perspectives
feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The EU Commission imposed an import tax on Russian wheat, corn, products derived from their processing, and feed. The duties range from €95-148/MT for various wheat varieties, €94/MT for grain corn, €93/MT for barley and rye, 3.2-64 percent for sunflower oil, and a 50 percent ad valorem rate for most oilseeds. The full list of tariffs is available here: https://data.consilium.europa.eu/doc/document/ST-9541-2024-INIT/en/pdf.  Analysts are pointing to daily rains and cloudy weather in France and Germany that are reflective of May 2016, when crops struggled significantly. If conditions do not improve significantly in early June, crops’ slow development may start to further negatively impact yield...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Suez Canal revenue is reportedly up by 14.2 percent in the last four months due to “calmer conditions” in the Red Sea. Vessels using the canal during that period were at 4,405 with total cargo at 167.6 MM...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT Harvest advanced 4.9 percent week over week, reaching 16.5 percent of the suitable area. The national average yield continued to rise as combines moved through the core production zones, now at 2.6 MT/ha. In the highest-productivity regions, cutting was still limited, but early tests poin...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Suez Canal revenue is reportedly up by 14.2 percent in the last four months due to “calmer conditions” in the Red Sea. Vessels using the canal during that period were at 4,405 with total cargo at 167.6 MM...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT Harvest advanced 4.9 percent week over week, reaching 16.5 percent of the suitable area. The national average yield continued to rise as combines moved through the core production zones, now at 2.6 MT/ha. In the highest-productivity regions, cutting was still limited, but early tests poin...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3475/bushel, up $0.045 from yesterday's close.  Dec 25 Wheat closed at $5.4425/bushel, up $0.17 from yesterday's close.  Jan 26 Soybeans closed at $11.5725/bushel, up $0.3275 from yesterday's close.  Dec 25 Soymeal closed at $330.8/short ton, up $8.3 from...

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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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