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 GASC is reported to have arranged a private purchase of 430,000 MT of Russian wheat at a price of $231 CIF. GASC has not confirmed this purchase.  Egypt’s wheat imports, on a dollar basis, are reportedly up by $539 million in the first half of 2024 versus the same period in 2023. Total wheat imports in dollars reached $2.324 billion. Unfortunately, reporting imports in dollars is not very informative for wheat as reporting in MTs would be of greater value. According to other sources, Egypt’s wheat imports in MT are up by 40 percent in the first eight months of 2024 to a total of 10.1 MMT. Egypt’s Sadat City has seen the...

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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  EU cattle markets remain relatively unchanged from recent weeks, with German and Austrian prices falling slightly amid carnival-period reduced interest.  EU hog and pig markets have started to stabilize, with the “backlog” of market-ready animals largely cle...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Pressures Grains; Crush Pace Boosts Soybeans

The CBOT managed to recover from a dramatic overnight plunge with soybeans leading the fight to put values back in the green. Most of the news coming out of the weekend was bearish – between larger Russian wheat crop projections, the advancing South American harvests, and generally favora...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2625/bushel, down $0.055 from yesterday's close.  Mar 26 Wheat closed at $5.3775/bushel, down $0.11 from yesterday's close.  Mar 26 Soybeans closed at $11.34/bushel, up $0.01 from yesterday's close.  Mar 26 Soymeal closed at $305.8/short ton, down $3.4 fr...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  EU cattle markets remain relatively unchanged from recent weeks, with German and Austrian prices falling slightly amid carnival-period reduced interest.  EU hog and pig markets have started to stabilize, with the “backlog” of market-ready animals largely cle...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Pressures Grains; Crush Pace Boosts Soybeans

The CBOT managed to recover from a dramatic overnight plunge with soybeans leading the fight to put values back in the green. Most of the news coming out of the weekend was bearish – between larger Russian wheat crop projections, the advancing South American harvests, and generally favora...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2625/bushel, down $0.055 from yesterday's close.  Mar 26 Wheat closed at $5.3775/bushel, down $0.11 from yesterday's close.  Mar 26 Soybeans closed at $11.34/bushel, up $0.01 from yesterday's close.  Mar 26 Soymeal closed at $305.8/short ton, down $3.4 fr...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Morocco’s grain harvest could go as high as 9.0 million MT in 2026, which would represent a doubling of last year’s drought-affected harvest. Rainfall is up by 34 percent over the average, while grain planting has incr...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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