World Perspectives
feed-grains soy-oilseeds wheat

Middle East and Mediterranean Regional Analysis

News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS Turkey looks to be having a very good year for grain crops, as wheat, barley and corn production are all expected to be up over last year and up over the five-year average. Wheat production is expected to be just shy of 22 MMT, which is up about 10 percent; barley at 7.9 MMT is up by 11 percent; and corn at just below 5 MMT is up by close to 8 percent. Wheat imports will still be needed, but the volume is forecasted to drop from 4.5 MMT to about 3.8 MMT. Turkey will continue to be a major exporter of wheat flour and durum wheat, with exports just about equaling wheat imports at just over 3.8 MMT.The wheat crop in Turkey is said to be up due to a change in government policy that has motiv...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.445/bushel, up $0.06 from yesterday's close.  Jul 25 Wheat closed at $5.4375/bushel, up $0.1725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0.275 from yesterday's close.  Jul 25 Soymeal closed at $291.9/short ton, down $2.6 fro...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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