World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Pakistan’s wheat imports in 2024/25 could drop to almost nothing as a result of the very good harvest in 2024 – up by 3.2 MMT. Wheat production was well above the average at a record level of 31,400 MMT. In 2023/24, before the bumper harvest, Pakistan imported about 2.8 MMT of wheat. According to a recent FAO report, wheat prices in Pakistan have dropped by at least 35 perent from 2023 levels.  Egypt reports its Suez Canal income has dropped by $6 billion in eight months due to vessels rerouting away from regional attack risks and avoiding the Suez Canal route. Egypt’s government is considering changing food subsidy programs to a d...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.22/bushel, down $0.0625 from yesterday's close.  Nov 25 Soybeans closed at $10.315/bushel, down $0.095 from yesterday's close.  Dec 25 Soymeal closed at $282.5/short ton, down $1.3 f...

feed-grains soy-oilseeds wheat

Market Commentary: Macro Malaise and Yield Expectations Turn CBOT Lower

The CBOT was almost entirely lower across the major ag markets on Wednesday with large supply expectations for the 2025 Northern Hemisphere grain and oilseed crops driving the weakness. More crop tours in the U.S. confirm large corn yields and high soybean pod counts/yield potential, while the...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 25 – 29 August 2025 Bearish sentiments prevail on the Russian market. Most likely the bottom price levels are near for most of the grains except corn whose season started in September. Bearish trend is a tradition for this part of the season as harvesting is un...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.22/bushel, down $0.0625 from yesterday's close.  Nov 25 Soybeans closed at $10.315/bushel, down $0.095 from yesterday's close.  Dec 25 Soymeal closed at $282.5/short ton, down $1.3 f...

feed-grains soy-oilseeds wheat

Market Commentary: Macro Malaise and Yield Expectations Turn CBOT Lower

The CBOT was almost entirely lower across the major ag markets on Wednesday with large supply expectations for the 2025 Northern Hemisphere grain and oilseed crops driving the weakness. More crop tours in the U.S. confirm large corn yields and high soybean pod counts/yield potential, while the...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grains Market: 25 – 29 August 2025 Bearish sentiments prevail on the Russian market. Most likely the bottom price levels are near for most of the grains except corn whose season started in September. Bearish trend is a tradition for this part of the season as harvesting is un...

FOB Prices and Freight Rates App (Updated 3 September)

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

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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