World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – Mea Region Turkey’s wheat imports and exports are lower in 2024/25 due to restrictions by the Turkish government that will reduce the high level of stocks on hand. 

Morocco’s 2024 wheat and barley production is down by 40 percent for wheat and 52 percent for barley, according to the latest FAO report. Severe drought affected the 2024 crop and is continuing into the 2025 crop. Planting for the 2025 crops has been delayed due to drought. Farmers are hoping for good rainfall in February/March 2025. 2024/25 grain imports are expected to be up by 30 percent to a total of 11 MMT.  Egypt’s wheat and corn production for 2024, according to the FAO, was steady and clos...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4875/bushel, up $0.0025 from yesterday's close.  May 26 Wheat closed at $5.9125/bushel, down $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.6725/bushel, up $0.035 from yesterday's close.  May 26 Soymeal closed at $331.8/short ton, down $0...

feed-grains soy-oilseeds wheat

Market Commentary: Rebound for Corn, Beans on Iran News; Wheat Declines

New variables specifically in the agricultural markets were light today, but the Iran war news hit some markets like a tsunami. The war and Iran’s chokehold on global oil supplies have subjugated economies for nearly seven weeks with outsized petrol prices. Everything became distorted aro...

feed-grains soy-oilseeds wheat

Market Commentary: More Wheat Weather Premium, but Weakness Elsewhere

There was generally modest volume today, with the exception of wheat, which was also uniquely higher on the day. New highs for the calendar year were printed in HRW as the fledgling crop is about to have the double-whammy of freezing temperatures added to drought as the welcoming committee for...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4875/bushel, up $0.0025 from yesterday's close.  May 26 Wheat closed at $5.9125/bushel, down $0.0725 from yesterday's close.  May 26 Soybeans closed at $11.6725/bushel, up $0.035 from yesterday's close.  May 26 Soymeal closed at $331.8/short ton, down $0...

feed-grains soy-oilseeds wheat

Market Commentary: Rebound for Corn, Beans on Iran News; Wheat Declines

New variables specifically in the agricultural markets were light today, but the Iran war news hit some markets like a tsunami. The war and Iran’s chokehold on global oil supplies have subjugated economies for nearly seven weeks with outsized petrol prices. Everything became distorted aro...

feed-grains soy-oilseeds wheat

Market Commentary: More Wheat Weather Premium, but Weakness Elsewhere

There was generally modest volume today, with the exception of wheat, which was also uniquely higher on the day. New highs for the calendar year were printed in HRW as the fledgling crop is about to have the double-whammy of freezing temperatures added to drought as the welcoming committee for...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.485/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.985/bushel, up $0.0475 from yesterday's close.  May 26 Soybeans closed at $11.6375/bushel, down $0.0325 from yesterday's close.  May 26 Soymeal closed at $332.7/short ton, down $1...

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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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