World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Turkey’s monthly inflation rate increased by 5.03 percent in January while the 12-month inflation rate stood at 42.12 percent. Turkey’s inflation rate dropped significantly from the 75 percent rate in May 2024. Lebanon’s local wheat and barley production are down by as much as 41 percent due to a spring drought in 2024 followed by summer heat waves. Wheat production, according to the FAO, is down from 159,000 to 94,000 MT. Lebanon is expected to import 670,000 MT of wheat in 2025 with total cereals imports reaching 1.2 MMT.  Egyptian officials report that they expect Red Sea/Suez Canal traffic to increase in coming weeks as Yemen’s Houthis rebels s...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close.  Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close.  Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close.  Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies

The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...

livestock

Red Meat Exports

In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close.  Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close.  Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close.  Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies

The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...

livestock

Red Meat Exports

In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...

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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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