World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for the period June 28-July 4, 2024. Wheat:  Net sales of 240,400 metric tons (MT) for 2024/2025 primarily for Thailand (60,800 MT), Japan (58,400 MT, including decreases of 1,300 MT), Indonesia (53,800 MT), Mexico (30,700 MT, including decreases of 1,500 MT), and Italy (20,000 MT), were offset by reductions for the Leeward and Windward Islands (400 MT). Export shipments of 294,600 MT were primarily to Japan (91,700 MT), South Korea (67,600 MT), Thailand (58,300 MT), Mexico (36,200 MT), and the Leeward and Windward Island (18,600 MT). Corn:  Net sales of 538,300 MT for 2023/2024 were up 51 percent from the previous week, but down 13 percent from the prior 4-week average. Export shipments of 879,100 MT...

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feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Rallies on Stocks, Tax Credits; Livestock Futures Gain on Cash Trade

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Policy Quick Hits

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.285/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, up $0.01 from yesterday's close.  Mar 26 Soybeans closed at $10.6575/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $291.9/short ton, down $2.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Rallies on Stocks, Tax Credits; Livestock Futures Gain on Cash Trade

Soyoil was the upside leader in the CBOT’s Tuesday trade after the USDA’s December soyoil stocks figure came in well below expectations. Additionally, the U.S. Treasury Department announced its proposal on the 45Z Clean Fuel tax credits, which were broadly friendly for ag interests...

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Appropriations. Last Friday, the Senate passed an amended appropriations bill for the remaining FY26 funding shortfall. The measure included a two-week continuing resolution for the Department of Homeland Security (DHS) budget, allowing more time for lawmakers to negotiate further Immigration a...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.285/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, up $0.01 from yesterday's close.  Mar 26 Soybeans closed at $10.6575/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $291.9/short ton, down $2.6 fro...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Israel will raise import tariffs on wheat from Russia and Ukraine under a new tariff agreement with the United States, a move expected to increase U.S. wheat imports. According to reports, the Israeli government will subsidize U.S...

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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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