World Perspectives

Mexico: New President, Mostly Same Policies

Mexico’s Presidential election was held this weekend; the Mayor of Mexico City, Claudia Sheinbaum, won an overwhelming majority.  President-elect Sheinbaum will be Mexico’s first woman president (defeating another woman candidate, Xochitl Galvez, who came in second) and inherited the mantle of outgoing President Andres Manuel Lopez Obrador (AMLO) and their left positioned Morena Party which AMLO founded. Sheinbaum was a party activist since 2014 before being elected as mayor, and AMLO was her mentor.  It was a realignment election; AMLO was Mexico’s first president from a leftist party. After the elections, Morena and two allied parties – the Workers Party and the Green Party - picked up majorities in t...

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WPI Transportation Report

Dry-Bulk Ocean Freight Dry bulk markets remain essentially flat with cargo demand remaining “elusive”. Increased demand from China remains the key for markets going forward, but the Middle Kingdom has not seen any surge in bookings yet.  The Baltic Dry indices were mixed this w...

feed-grains soy-oilseeds wheat

Market Commentary: BBB, MAHA, Fundamentals and a Holiday

Corn, soybeans, soymeal, and cattle closed higher, while wheat, soyoil, and hogs dipped. The reasons are varied but pre-holiday trading tomorrow could see lower volume and some risk-off exits given the three-day break from trading.  BBB Overnight trading and today’s trading session i...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for May 9-15, 2025  Wheat: Net sales reductions of 13,400 metric tons (MT) for 2024/2025 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 438,400 MT were up 18 percent from the previous week, but down 5 percent fr...

WPI Transportation Report

Dry-Bulk Ocean Freight Dry bulk markets remain essentially flat with cargo demand remaining “elusive”. Increased demand from China remains the key for markets going forward, but the Middle Kingdom has not seen any surge in bookings yet.  The Baltic Dry indices were mixed this w...

feed-grains soy-oilseeds wheat

Market Commentary: BBB, MAHA, Fundamentals and a Holiday

Corn, soybeans, soymeal, and cattle closed higher, while wheat, soyoil, and hogs dipped. The reasons are varied but pre-holiday trading tomorrow could see lower volume and some risk-off exits given the three-day break from trading.  BBB Overnight trading and today’s trading session i...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for May 9-15, 2025  Wheat: Net sales reductions of 13,400 metric tons (MT) for 2024/2025 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 438,400 MT were up 18 percent from the previous week, but down 5 percent fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.63/bushel, up $0.02 from yesterday's close.  Jul 25 Wheat closed at $5.445/bushel, down $0.0475 from yesterday's close.  Jul 25 Soybeans closed at $10.675/bushel, up $0.0475 from yesterday's close.  Jul 25 Soymeal closed at $298.5/short ton, up $4.4 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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