World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional UpdatesMEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONIraq’s grain import requirements for 2024/25 are expected to be lower according to the FAO as a result of the good 2023/24 wheat crop. Wheat imports are seen dropping by 23 percent to about 1.8 MMT. Iraq has also added a wheat flour import duty of 10 percent, increasing to 25 percent in mid-2025, this in order to protect local flour mills.Afghanistan’s 2024/25 wheat and wheat flour imports are expected to drop by about 1.1 MMT to 3.5 MMT due to the above average wheat crop in 2023/24. Local wheat flour prices are said to have dropped by as much as 25 percent, according to the FAO.Turkey’s 1.0 MMT corn import quota is reported to have been “overbought” and trade source...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar

There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.255/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.3975/bushel, down $0.01 from yesterday's close.  Jan 26 Soybeans closed at $11.25/bushel, up $0.025 from yesterday's close.  Jan 26 Soymeal closed at $319.2/short ton, up $1.6 from...

livestock

Despite Futures Pullback, Cow-Calf Profits Hit Records

With November and the fall calf run almost over, the U.S. beef industry now has its first truly solid estimates of the realized profitability of many cow-calf operations. Most operations wean and market calves in the fall, starting in September or early October and running through December, whi...

feed-grains soy-oilseeds wheat

Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar

There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.255/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.3975/bushel, down $0.01 from yesterday's close.  Jan 26 Soybeans closed at $11.25/bushel, up $0.025 from yesterday's close.  Jan 26 Soymeal closed at $319.2/short ton, up $1.6 from...

livestock

Despite Futures Pullback, Cow-Calf Profits Hit Records

With November and the fall calf run almost over, the U.S. beef industry now has its first truly solid estimates of the realized profitability of many cow-calf operations. Most operations wean and market calves in the fall, starting in September or early October and running through December, whi...

feed-grains soy-oilseeds wheat

Market Commentary: Unmoved and Uncertain

It was the third straight day of flash soybean sales to China. The IGC tightened global soybean balances. The morning’s USDA’s export sales report showed corn and wheat ahead of last year. The September employment report showed substantially larger gains than expected. Stocks opened...

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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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