World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iran’s 2025 wheat production is being hurt by very dry weather. Rainfall up to February 2025 was much below average but did improve in March. However, Iran does have reasonable wheat stocks due to the good 2024 crop and wheat imports are at well below average. 2024/25 imports are expected to be about 1.3 MMT which is down by 50 percent. However, 2025/26 imports are expected to increase if a poor 2025 wheat crop is experienced.  Morocco will be receiving its first shipment for some of the 60,000 MT of wheat purchased from Kazakhstan. Grain will  come by train to the Baltic then by ship to Morocco. Morocco’s wheat production is improved this year due to the...

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feed-grains soy-oilseeds wheat

Market Commentary: A Day and a Week of Surprises

There isn’t always a common theme across markets. Sometimes a session starts amid diverse influences. Sometimes, shorts or longs will dominate an open, then be tested by participants with different ideas. Each jockeying to have their way. Today’s trading opened bearishly for major g...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.2875/bushel, down $0.0475 from yesterday's close.  Jul 25 Wheat closed at $5.6775/bushel, down $0.065 from yesterday's close.  Jul 25 Soybeans closed at $10.68/bushel, down $0.0675 from yesterday's close.  Jul 25 Soymeal closed at $284.1/short ton, down $...

WPI Transportation Report

Dry Bulk Markets Dry bulk markets were mixed this week with Capesize vessel rates initially pushing higher, but then failing on reduced coal, iron ore, and bauxite demand and shipments. Rates for Capes were particularly sensitive to China’s weakening coal import demand and the country&rsq...

feed-grains soy-oilseeds wheat

Market Commentary: A Day and a Week of Surprises

There isn’t always a common theme across markets. Sometimes a session starts amid diverse influences. Sometimes, shorts or longs will dominate an open, then be tested by participants with different ideas. Each jockeying to have their way. Today’s trading opened bearishly for major g...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.2875/bushel, down $0.0475 from yesterday's close.  Jul 25 Wheat closed at $5.6775/bushel, down $0.065 from yesterday's close.  Jul 25 Soybeans closed at $10.68/bushel, down $0.0675 from yesterday's close.  Jul 25 Soymeal closed at $284.1/short ton, down $...

WPI Transportation Report

Dry Bulk Markets Dry bulk markets were mixed this week with Capesize vessel rates initially pushing higher, but then failing on reduced coal, iron ore, and bauxite demand and shipments. Rates for Capes were particularly sensitive to China’s weakening coal import demand and the country&rsq...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.3275/bushel, down $0.0075 from yesterday's close.  Jul 25 Wheat closed at $5.7375/bushel, down $0.005 from yesterday's close.  Jul 25 Soybeans closed at $10.7275/bushel, down $0.02 from yesterday's close.  Jul 25 Soymeal closed at $284.9/short ton, up $0...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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