World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Saudi Arabia received a 60,000 MT barley shipment from Australia financed by a joint arrangement between Salic Group and Mansour Al-Mosaid Company and the Saudi Agricultural Development Fund. This is being done under Saudi’s Vision 2030 plan and the Public Investment Fund Program (PIF).  Egypt’s foreign reserves are reported by the Central Bank to have dropped by 16.5 percent from levels in January 2022. However, reserve levels are up slightly – less than 1 percent – from the December 2022 level. Payment in foreign currency for imports, like grains, remain very, very difficult for the private sector. Egypt’s farms and tra...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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feed-grains soy-oilseeds wheat

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After moving higher the past few days and weather improving in both North and South America, there was low volume profit-taking in grains and soybeans. By contrast, livestock products continued the rebound that began in earnest late last week.  While agriculture has been highlighted as a m...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8125/bushel, down $0.0375 from yesterday's close.  May 25 Wheat closed at $5.42/bushel, down $0.055 from yesterday's close.  May 25 Soybeans closed at $10.36/bushel, down $0.0575 from yesterday's close.  May 25 Soymeal closed at $294.2/short ton, down $2...

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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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