World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt reports that 3.1 MMT of local wheat have been purchased by the government. The targeted purchase level of 3.6 MMT is expected to be reached. Pakistan has removed the ban on the transportation of wheat between provinces and has temporarily lifted the import duty on wheat. The wheat import duty had been a total of 8 percent. The government also says that it will be taking strong actions against wheat and wheat flour hoarders. The removal of the duty is being done both to improve supply and to try to control smuggling. The latest FAO report on Jordan shows grain imports for 2020/21 to be on average at about 2.7 MMT – mainly wheat and barley. Jordan has to import about 97 p...

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Sees Mixed Monday on Risk-off Trade; Feeder Cattle Rally on Import Ban

The holiday trading season is officially here, which means the CBOT will likely see fading volume and volatility until the new year. Ag markets reflected much of that sentiment on Monday with wheat and corn falling amid reduced concerns about the conflict in the Black Sea while soybeans and soy...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

Update for 1 April 2024: 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 ob...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Sees Mixed Monday on Risk-off Trade; Feeder Cattle Rally on Import Ban

The holiday trading season is officially here, which means the CBOT will likely see fading volume and volatility until the new year. Ag markets reflected much of that sentiment on Monday with wheat and corn falling amid reduced concerns about the conflict in the Black Sea while soybeans and soy...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

Update for 1 April 2024: 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 ob...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat High temperatures in recent days have slightly accelerated crop maturity and the harvest in Argentina. Weekly harvest progress reached 12 percent, with 30 percent of the area harvested. Yields show significant variability. In some cases, yields are improving as harvesters move into t...

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On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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