World Perspectives
feed-grains wheat livestock

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Syria’s wheat crop is expected to be down by 75 percent this year due to severe drought conditions. Syria will need to find a source for about 2.7 MMT of wheat in order to supply the population. Syria is hoping that the lifting of sanctions by the U.S. will make the purchase of wheat much easier. Egypt’s government received 3.2 MMT of its planned wheat purchases. The total wheat production is forecast to reach 10.0 MMT with the government purchases possibly being as high as 5.0 MMT. The government says that 56 percent of wheat consumption is now being met by local wheat and an increase to 65 percent of consumption is planned. Egypt’s current wheat reserves st...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.595/bushel, up $0 from yesterday's close.  Jul 25 Wheat closed at $5.285/bushel, down $0.14 from yesterday's close.  Jul 25 Soybeans closed at $10.625/bushel, up $0.0225 from yesterday's close.  Jul 25 Soymeal closed at $296.3/short ton, up $0.1 from yest...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 27 May)

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

CFTC COT Report Analysis

Friday’s CFTC report showed that managed money traders are becoming increasingly bearish corn and the soy complex while gradually easing short bets in the wheat market. The net effect of this dynamics, plus some mixed trade in livestock futures, was that funds’ total ag position (th...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.595/bushel, up $0 from yesterday's close.  Jul 25 Wheat closed at $5.285/bushel, down $0.14 from yesterday's close.  Jul 25 Soybeans closed at $10.625/bushel, up $0.0225 from yesterday's close.  Jul 25 Soymeal closed at $296.3/short ton, up $0.1 from yest...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 27 May)

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

CFTC COT Report Analysis

Friday’s CFTC report showed that managed money traders are becoming increasingly bearish corn and the soy complex while gradually easing short bets in the wheat market. The net effect of this dynamics, plus some mixed trade in livestock futures, was that funds’ total ag position (th...

livestock

Cattle on Feed

U.S. Cattle on Feed was down 2 percent from a year ago on May 1, 2025. Cattle in feedlots with capacity of 1,000 or more head and totaled 11.4 million.  Placements in feedlots during April totaled 1.61 million head, 3 percent below 2024.  Marketings of fed cattle during April totaled...

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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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