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

May 26 Corn closed at $4.43/bushel, up $0.0275 from yesterday's close.  May 26 Wheat closed at $5.92/bushel, up $0.0975 from yesterday's close.  May 26 Soybeans closed at $11.58/bushel, down $0.0425 from yesterday's close.  May 26 Soymeal closed at $329.7/short ton, down $2.2 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Rallies on Falling Conditions; Cattle Surge to New Records

The CBOT received several pieces of key fundamental information on Tuesday, including updated production figures from CONAB, the results of the USDA’s Monday Crop Progress report, and fresh export sales of corn to Mexico. The result was that wheat popped higher on growing concerns for yie...

Congress Coming Back to Busy Agenda

The House and Senate are returning from their two-week Easter recess period with a busy agenda ahead. While the Department of Homeland Security (DHS) shutdown has now hit the two-month mark, a plan is emerging to use reconciliation to fund Immigration and Customs Enforcement (ICE) and Customs a...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.43/bushel, up $0.0275 from yesterday's close.  May 26 Wheat closed at $5.92/bushel, up $0.0975 from yesterday's close.  May 26 Soybeans closed at $11.58/bushel, down $0.0425 from yesterday's close.  May 26 Soymeal closed at $329.7/short ton, down $2.2 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Rallies on Falling Conditions; Cattle Surge to New Records

The CBOT received several pieces of key fundamental information on Tuesday, including updated production figures from CONAB, the results of the USDA’s Monday Crop Progress report, and fresh export sales of corn to Mexico. The result was that wheat popped higher on growing concerns for yie...

Congress Coming Back to Busy Agenda

The House and Senate are returning from their two-week Easter recess period with a busy agenda ahead. While the Department of Homeland Security (DHS) shutdown has now hit the two-month mark, a plan is emerging to use reconciliation to fund Immigration and Customs Enforcement (ICE) and Customs a...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Syria is reported to be the main destination for Russia’s shipments of Ukraine grain from occupied regions. Egypt had been the main destination, but it has now stopped buying grain from occupied areas. Syria and Ukraine plan...

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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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