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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FOB Prices and Freight Rates App (Updated 25 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.625/bushel, up $0.03 from yesterday's close.  May 26 Wheat closed at $5.9/bushel, up $0.0225 from yesterday's close.  May 26 Soybeans closed at $11.55/bushel, down $0.085 from yesterday's close.  May 26 Soymeal closed at $322.4/short ton, down $4.2 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Diminishing Energy Impacts on CBOT Trade

Tuesday’s energy markets took back about half of Monday’s losses as tensions in the Arab Gulf flared again, despite recent announcements of diplomatic talks and a five-day cooling-down period from the U.S. Overnight, Iran and Israel launched new rounds of attacks on each other, and...

FOB Prices and Freight Rates App (Updated 25 March)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.625/bushel, up $0.03 from yesterday's close.  May 26 Wheat closed at $5.9/bushel, up $0.0225 from yesterday's close.  May 26 Soybeans closed at $11.55/bushel, down $0.085 from yesterday's close.  May 26 Soymeal closed at $322.4/short ton, down $4.2 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Diminishing Energy Impacts on CBOT Trade

Tuesday’s energy markets took back about half of Monday’s losses as tensions in the Arab Gulf flared again, despite recent announcements of diplomatic talks and a five-day cooling-down period from the U.S. Overnight, Iran and Israel launched new rounds of attacks on each other, and...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt has seen a sharp rise in wheat prices due to increased shipping costs and the 9 percent drop in the value of Egypt’s currency. Wheat prices in Egypt are said to be up by as much as $24/MT. Both ocean freight costs and...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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