World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Ramadan is expected to begin on 2 April and end 1 May with the holiday of Eid Al Fitr beginning on 2 May. Egypt reports that 189,000 MT of wheat are enroute from the Black Sea with no delays – 63,000 MT each from Romania, Ukraine, and Russia. According to Egyptian authorities, they have been assured that there will be no delays in Russian shipments. Egypt’s Suez Canal Authority says that it will clamp down on corruption regarding “facilitation payments – bribes” paid in using the canal. Facilitation payments have always been a part of the system in Egyptian (and many other) ports. Normally pilots, tugs, etc. are given Marlboro...

Related Articles
feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders became slightly more bearish the major ag markets, last week with steady net selling across the grains and oilseed complex. Funds expanded their net short position across all ags by roughly 4.7 times last week and now hold a meaningful pos...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Friday and an Upward Bound Week

If yesterday’s trading looked like uncertainty ultimately succumbing to the bulls, today’s trading opened with the bears fully in charge. Contracts opened lower and mostly stayed that way until late morning when there appeared to be an epiphany with the bulls and they took charge. I...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.425/bushel, up $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.5475/bushel, up $0.0925 from yesterday's close.  Jul 25 Soybeans closed at $10.5725/bushel, up $0.055 from yesterday's close.  Jul 25 Soymeal closed at $295.7/short ton, down $1.4 fro...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders became slightly more bearish the major ag markets, last week with steady net selling across the grains and oilseed complex. Funds expanded their net short position across all ags by roughly 4.7 times last week and now hold a meaningful pos...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Friday and an Upward Bound Week

If yesterday’s trading looked like uncertainty ultimately succumbing to the bulls, today’s trading opened with the bears fully in charge. Contracts opened lower and mostly stayed that way until late morning when there appeared to be an epiphany with the bulls and they took charge. I...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.425/bushel, up $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.5475/bushel, up $0.0925 from yesterday's close.  Jul 25 Soybeans closed at $10.5725/bushel, up $0.055 from yesterday's close.  Jul 25 Soymeal closed at $295.7/short ton, down $1.4 fro...

WPI Transportation Report

Dry-Bulk Markets  In paper dry-bulk markets, the Capesize sector increased slightly this week on stronger demand from miners, but the move was insufficient to support the Panamax or Supramax markets, which turned lower. Most of the dry bulk markets are simply waiting for the economies of C...

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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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