World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat ARGENTINA The old crop wheat market showed some movement once again. Demand came from African countries, with North Africa taking 11.5 percent protein at $251/252 while 12.5 percent protein traded to South Africa and other neighbor countries at $258/259.This week the market showed less movement; only a cargo of 12.5 percent protein was traded at $259. The market closed with 11.5 percent protein offered at $253/252 for April; demand was willing to pay $249 for spot positions. There are several requests for 12.5 percent protein, May and June shipment, with sellers offering $260 and willing to take close bids. Demand remains in the low $250s for this quality. There are further enquiries for deferred positions, although the CBOT's dro...

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May 25 Corn closed at $4.7575/bushel, down $0.06 from yesterday's close.  Jul 25 Wheat closed at $5.5025/bushel, down $0.02 from yesterday's close.  May 25 Soybeans closed at $10.35/bushel, up $0.055 from yesterday's close.  Jul 25 Soymeal closed at $299.5/short ton, down $0.8 fr...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq has confirmed that it will not need to import as much wheat in 2024/25 as it expects to see purchases of local wheat at 4.5 MMT while current stocks of wheat are at 2.8 MMT. Overall wheat production could reach 6.0 MMT. Press...

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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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