World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION The Arab world is celebrating the end of Ramadan holiday. Businesses, banks, and government offices will be closed. Egypt’s holidays are longer due to Sinai Liberation Day holiday. Egypt says it will spend $1.4 billion buying local wheat in 2023. The amount to be spent is up by 75 percent from 2022 due to high international wheat prices. The government is expected to purchase about 4 MMT of local wheat. Egypt’s total wheat crop for 2023 is forecast to reach 9.5 MMT.  Egypt’s credit outlook has been lowered to “negative” by S&P Global rating service. This lower rating will probably make importation by the private secto...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 16 – 20 December 2024Last week, the Russian grain markets showed the first signs of the holiday season with rather weak trading. Russian grain markets and especially export business will adjust to the Christmas season globally which will then enter Russian Orthodox Christ...

feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 16 – 20 December 2024Last week, the Russian grain markets showed the first signs of the holiday season with rather weak trading. Russian grain markets and especially export business will adjust to the Christmas season globally which will then enter Russian Orthodox Christ...

feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

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