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 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

Summary of Futures

Dec 25 Corn closed at $4.32/bushel, up $0.0325 from yesterday's close.  Dec 25 Wheat closed at $5.29/bushel, up $0.03 from yesterday's close.  Jan 26 Soybeans closed at $10.9525/bushel, up $0.1025 from yesterday's close.  Dec 25 Soymeal closed at $306.5/short ton, up $8.3 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is reportedly late in payment on a number of Ukraine wheat vessels – six that have been unloaded and two in Egyptian ports. The total value is said to be in excess of $30 million. The shipper says that there has been s...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Extend Trade-Deal Rally; Cattle Pullback Continues

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Summary of Futures

Dec 25 Corn closed at $4.32/bushel, up $0.0325 from yesterday's close.  Dec 25 Wheat closed at $5.29/bushel, up $0.03 from yesterday's close.  Jan 26 Soybeans closed at $10.9525/bushel, up $0.1025 from yesterday's close.  Dec 25 Soymeal closed at $306.5/short ton, up $8.3 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

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feed-grains soy-oilseeds wheat

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From WPI Consulting

Illuminating the value of technical research

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