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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s recent massive wheat tender did not generate the 3.8 MMT of buying that GASC had planned. Reports say that the long delivery period – to April 2025 – coupled with the requirement for 270 day payment terms added too much risk to the business for most suppliers.  Egypt is reportedly talking directly to shippers regarding long term supplies of wheat in light of its failed 3.8 MMT wheat tender. Reports say that up to 1.8 MMT of wheat could be purchased this way. If purchases are agreed to, it is expected that most of the wheat would be Russian origin. Egypt’s government purchase of local wheat has reportedly reached 3.6 MMT...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 30 June)

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feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.0925/bushel, down $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.3825/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, up $0.0225 from yesterday's close.  Aug 25 Soymeal closed at $275.8/short ton, up $0.2...

feed-grains soy-oilseeds wheat

Market Commentary: USDA Reports Offer Few Surprises, Weather Dominates Trade Outlook

The USDA’s Grain Stocks and Acreage reports dominated the CBOT’s attention on Monday with the Noon ET release of both datasets driving the day’s action. There were relatively few surprises in the report but minor deviations from expectations helped create support in new crop s...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 30 June)

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

Summary of Futures

Sep 25 Corn closed at $4.0925/bushel, down $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.3825/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, up $0.0225 from yesterday's close.  Aug 25 Soymeal closed at $275.8/short ton, up $0.2...

wheat

WPI Wheat Outlook: 2025/26 Prices to Firm After Q1 Weakness

With the June Grain Stocks report now in the rear-view mirror and having offered USDA’s somewhat final (there is always the possibility of revisions) assessment of ending stocks for the 2024/25 crop, WPI offers the following outlook for the U.S. and global wheat markets. We specifically f...

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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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