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 is the largest importer of Russian wheat with imports of 8.6 MMT in MY 2023/24 that ended June 30.  Egypt’s government purchases of local wheat have reached 3.55 MMT causing the target purchase to be increased to 3.7 MMT from 3.5 MMT. Egypt’s current wheat reserves will cover 6.6 months of consumption.  Syria has announced a program with Russia that will “restore or reconstruct destroyed mills and silos” using Russian technology and equipment. The first mill under the program is expected to be operational in August and will produce 600 MT of flour per day. Iran reports government local wheat purchases of 6.3 MMT so...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 26–30 January 2026 The Russian grains market remains volatile, with bearish sentiment prevailing on the RUB export trade platform despite higher U.S. dollar–denominated export prices and zero export duties currently in place. With a large crop available, marke...

feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Large supplies and strong exports of wheat from the Black Sea and Russia continue to cap upside potential for wheat. U.S. and EU markets rallied last week until late in the week, when they hit a combination of technical pressure and increased competition from the Black Sea.&...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.295/bushel, up $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2675/bushel, down $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.9225/bushel, up $0.265 from yesterday's close.  Mar 26 Soymeal closed at $296.2/short ton, up $4.3 from...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 26–30 January 2026 The Russian grains market remains volatile, with bearish sentiment prevailing on the RUB export trade platform despite higher U.S. dollar–denominated export prices and zero export duties currently in place. With a large crop available, marke...

feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Large supplies and strong exports of wheat from the Black Sea and Russia continue to cap upside potential for wheat. U.S. and EU markets rallied last week until late in the week, when they hit a combination of technical pressure and increased competition from the Black Sea.&...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.295/bushel, up $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2675/bushel, down $0.02 from yesterday's close.  Mar 26 Soybeans closed at $10.9225/bushel, up $0.265 from yesterday's close.  Mar 26 Soymeal closed at $296.2/short ton, up $4.3 from...

FOB Prices and Freight Rates App (Updated 4 February)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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