World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for December 20-26, 2024 Wheat: Net sales of 140,600 metric tons (MT) for 2024/2025--a marketing-year low--were down 77 percent from the previous week and 68 percent from the prior 4-week average. Export shipments of 381,900 MT were up 2 percent from the previous week and 17 percent from the prior 4-week average. The destinations were primarily to South Korea (85,900 MT), Mexico (76,800 MT), Thailand (66,900 MT), Italy (40,200 MT), and Taiwan (32,300 MT).Corn: Net sales of 777,000 MT for 2024/2025 were down 55 percent from the previous week and 44 percent from the prior 4-week average. Export shipments of 1,002,500 MT were down 11 percent from the previous week and 9 percent from the prior 4-week average. The...

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Holiday Schedule

Financial markets will be closed on Thursday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Thursday. WPI wishes everyone a joyous and safe holiday. WPI will resume operations on Friday, 26 December. Note that Ag Perspectives will be providing ma...

feed-grains soy-oilseeds wheat

Market Commentary: Exports, Conflict, Dry Weather Boost CBOT Before Holiday

The CBOT was mostly higher before the Christmas holiday with grains in the lead, though with each market seeing a different fundamental driver. Wheat futures rallied on the once-again-escalating tensions in the Black Sea and dry weather in the U.S. southern plains that has left the wheat crop v...

FOB Prices and Freight Rates App (Updated 24 December)

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”...

Holiday Schedule

Financial markets will be closed on Thursday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Thursday. WPI wishes everyone a joyous and safe holiday. WPI will resume operations on Friday, 26 December. Note that Ag Perspectives will be providing ma...

feed-grains soy-oilseeds wheat

Market Commentary: Exports, Conflict, Dry Weather Boost CBOT Before Holiday

The CBOT was mostly higher before the Christmas holiday with grains in the lead, though with each market seeing a different fundamental driver. Wheat futures rallied on the once-again-escalating tensions in the Black Sea and dry weather in the U.S. southern plains that has left the wheat crop v...

FOB Prices and Freight Rates App (Updated 24 December)

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

Mar 26 Corn closed at $4.51/bushel, up $0.035 from yesterday's close.  Mar 26 Wheat closed at $5.2175/bushel, up $0.0475 from yesterday's close.  Jan 26 Soybeans closed at $10.6325/bushel, up $0.1175 from yesterday's close.  Mar 26 Soymeal closed at $308.1/short ton, up $3.9 from...

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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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