World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia’s cereal production in 2025 has improved due to better rainfall, according to the FAO, with wheat production up by 8.7 percent to 1.25 MMT and barley production up by 26.7 percent to 380,000 MT. Cereals imports for 2025/26 are expected to drop to about 3.6 MMT, down by about 5 percent, with 2.0 MMT being wheat imports. Turkish maize farmers in the Izmir area are switching to growing sorghum due to its much higher drought resistance. The Izmir area is very important in the Turkish dairy industry as it is the home to 480,000 dairy cattle that normally consume as much as 3.45 MMT of corn silage – drought has made the corn silage production much less profitable...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 2 December. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Bounces while Wheat, Soybeans Fall Further

Bears were once again in charge of the CBOT on Wednesday, though they temporarily relinquished control of the corn market to bulls. Funds were aggressive sellers again in soybeans, soymeal, and wheat futures amid bearish fundamentals for each of the commodities and pushed wheat to a new contrac...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.405/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0625/bushel, down $0.0325 from yesterday's close.  Jan 26 Soybeans closed at $10.5825/bushel, down $0.045 from yesterday's close.  Jan 26 Soymeal closed at $298.2/short ton, down $4.2...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 2 December. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Bounces while Wheat, Soybeans Fall Further

Bears were once again in charge of the CBOT on Wednesday, though they temporarily relinquished control of the corn market to bulls. Funds were aggressive sellers again in soybeans, soymeal, and wheat futures amid bearish fundamentals for each of the commodities and pushed wheat to a new contrac...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.405/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0625/bushel, down $0.0325 from yesterday's close.  Jan 26 Soybeans closed at $10.5825/bushel, down $0.045 from yesterday's close.  Jan 26 Soymeal closed at $298.2/short ton, down $4.2...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 8–12 December 2025 Russia’s grain market continued its bearish trend that began in early December. Global fundamentals remain the primary pressure point, and Russia is no exception given its strong linkage to international trade flows. Exceptions include barte...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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