World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Saudi Grains Organization (SAGO) said it will begin selling its grain silos during 2021. SAGO has 3.3 MMT of grain storage but there has been no confirmation on how much may be offered for sale. Aswan Shipping of Qatar found that one of its bulk carriers, Movers 3, has been banned from Australia for 18 months due to “appalling working and living conditions onboard”. The Movers 3 had been in detention in an Australian port since March 2021. Another Aswan Shipping vessel, Maryam, is currently in detention in another Australian port with further action expected against this vessel. Wheat farmers in the Fars Province of Iran are reportedly going out of business as the...

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feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Corn; Wheat Selling Continues; Cattle Wobble on ICE Rumors

The overnight CBOT trade showed corn pushing lower while the soy complex traded modestly higher on hopes for positive outcomes from the U.S.-China trade meeting this week. That trend quickly reversed, however, as corn became the upside leader in the day session on technical buying. Corn’s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.3875/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.345/bushel, down $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.5775/bushel, up $0.0175 from yesterday's close.  Jul 25 Soymeal closed at $295.9/short ton, up $0.4 f...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Grain markets in the MENA region are quiet due to the Musim EID holidays that extends through 9 June.  The FAO forecast Egypt to have above average grain crops in 2025, much of which is due to improved availability of high yi...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Corn; Wheat Selling Continues; Cattle Wobble on ICE Rumors

The overnight CBOT trade showed corn pushing lower while the soy complex traded modestly higher on hopes for positive outcomes from the U.S.-China trade meeting this week. That trend quickly reversed, however, as corn became the upside leader in the day session on technical buying. Corn’s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.3875/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.345/bushel, down $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.5775/bushel, up $0.0175 from yesterday's close.  Jul 25 Soymeal closed at $295.9/short ton, up $0.4 f...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Grain markets in the MENA region are quiet due to the Musim EID holidays that extends through 9 June.  The FAO forecast Egypt to have above average grain crops in 2025, much of which is due to improved availability of high yi...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Fall on Weather Forecasts while Livestock Futures Hit New Highs

Except for the livestock futures, which all hit new contract or record highs, the CBOT was mostly lower to start the week with favorable weather and bearish chart conditions driving the sentiment. The index fund roll ticked off its second of five days on Monday, so spreads and volumes patterns...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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