World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s government has decided to increase the price of subsidized “baladi” bread for the first time in 30 years. The price will increase by 400 percent from $0.001 per piece to $0.004 per piece. Egypt produces as much as 275 million pieces of flat bread per day. Even with this price increase the subsidized bread will still be priced at a fraction of production cost. Egypt expects to see $30 billion in foreign investment in 2024/25, according to new budget figures. Inflation is also seen in the range of 19-25 percent for 2024/25. An Egyptian company reportedly submitted a feasibility study to Russian officials on a grain hub in Egypt. P...

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feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Thursday on Exports, Weather

Bears started out the week in full control of the CBOT, but their grip loosened on Thursday and bulls managed to post at turnaround in several markets. Chief among the turnaround was corn futures where an early dip below $4.00 in the December contract triggered short covering and some commercia...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0675/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.895/bushel, up $0.045 from yesterday's close. Nov 24 Soybeans closed at $9.8875/bushel, up $0.0875 from yesterday's close. Dec 24 Soymeal closed at $318.1/short ton, up $4.4 from yest...

soy-oilseeds

Oilseed Highlights: Under Pressure but Hovering

The MarketToday’s IGC report increased the growth in global soybean carryout and thus reinforced the bearish trend in the November futures contract. There are still counterfactuals such as Brazil’s delayed planting, low moisture U.S. pods, plus wilt (Fusarium oxysporum) and Brown stem rot (Cada...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Thursday on Exports, Weather

Bears started out the week in full control of the CBOT, but their grip loosened on Thursday and bulls managed to post at turnaround in several markets. Chief among the turnaround was corn futures where an early dip below $4.00 in the December contract triggered short covering and some commercia...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0675/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.895/bushel, up $0.045 from yesterday's close. Nov 24 Soybeans closed at $9.8875/bushel, up $0.0875 from yesterday's close. Dec 24 Soymeal closed at $318.1/short ton, up $4.4 from yest...

soy-oilseeds

Oilseed Highlights: Under Pressure but Hovering

The MarketToday’s IGC report increased the growth in global soybean carryout and thus reinforced the bearish trend in the November futures contract. There are still counterfactuals such as Brazil’s delayed planting, low moisture U.S. pods, plus wilt (Fusarium oxysporum) and Brown stem rot (Cada...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0475/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.85/bushel, up $0.055 from yesterday's close. Nov 24 Soybeans closed at $9.8/bushel, down $0.11 from yesterday's close. Dec 24 Soymeal closed at $313.7/short ton, up $1.9 from yesterd...

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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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