World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Iran, Bangladesh, and the UAE were major destinations for Indian soymeal exports in March 2024, representing 78 percent of exports – Bangladesh 33,000 MT, Iran 88,000 MT, and UAE 18,000 MT. Iran imported 429,000 MT of soymeal in 12 months of 2023/24 after importing none in 2022/23. Bangladesh imported a total of 893,000 MT of soymeal and rapeseed meal in 2023/24, up by 57 percent over 2022/23. India exported 2.1 MMT of soymeal in the 2023/24. Iraqi officials are in the Kurdistan Autonomous Region (KRG) of Iraq to discuss/arrange wheat purchases for 2024. The KRG is forecast to produce about 2.5 MMT of wheat in 2024 with an expected 500,000 MT going to...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.2375/bushel, up $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3375/bushel, up $0.0675 from yesterday's close.  Dec 25 Soymeal closed at $285.6/short ton, up $1.6 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Momentum Shifts at Odds with Fundamentals

The CBOT was mostly higher to start the week with technical factors driving short covering and some cautious fresh long buying. There wasn’t much from a fundamental standpoint to drive the move, but the technical picture is firming for most commodities. Corn saw substantial follow-through...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 8 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.2375/bushel, up $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3375/bushel, up $0.0675 from yesterday's close.  Dec 25 Soymeal closed at $285.6/short ton, up $1.6 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Technical Momentum Shifts at Odds with Fundamentals

The CBOT was mostly higher to start the week with technical factors driving short covering and some cautious fresh long buying. There wasn’t much from a fundamental standpoint to drive the move, but the technical picture is firming for most commodities. Corn saw substantial follow-through...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 8 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  Last week’s rainfall covered much of Argentina’s western wheat-growing region, improving prospects for cereals there. Still, 27.3 percent of the area now shows excess water — up from 7 percent the prior week — mainly in the east and south, where fungal diseas...

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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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