World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s supply ministry has announced that the government’s wheat storage capacity will be expanded to 3.9 MMT by 2022. While first announced last fall, this now seems to be “officially” approved. Some of it seems to be part of the second phase of the Blumberg Grain storage development project in that country. Egypt has cleared its former supply minister of corruption in the local wheat buying scandal of 2016, which involved the payment for up to 2 MMT of wheat that did not exist. All criminal charges against him have been dropped. Egypt’s statistics agency CAPMAS has reported that the country’s self-sufficiency rate for wheat has dropped from 50 per...

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feed-grains soy-oilseeds wheat

Market Commentary: Geopolitics Skews the Week

It was another day of big volume in the soy complex. While soybeans closed higher for a fourth session, corn and wheat failed to follow, or perhaps their drag pulled soybeans back to fundamental reality. There are still no new export sales.  The Chinese are smart, and if they intend to buy...

biofuel

Biofuels Policy: 45Z and E15

The Office of Management and Budget (OMB) has signed off on a rule for the 45Z tax credit. The credit was created by the Inflation Reduction Act of 2022 during the Biden Administration for the production and sale of low-emission transportation fuels. It was updated and extended as part of the r...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3025/bushel, down $0.0475 from yesterday's close.  Mar 26 Wheat closed at $5.2975/bushel, down $0.055 from yesterday's close.  Mar 26 Soybeans closed at $11.1525/bushel, up $0.03 from yesterday's close.  Mar 26 Soymeal closed at $303.6/short ton, up $0.4...

feed-grains soy-oilseeds wheat

Market Commentary: Geopolitics Skews the Week

It was another day of big volume in the soy complex. While soybeans closed higher for a fourth session, corn and wheat failed to follow, or perhaps their drag pulled soybeans back to fundamental reality. There are still no new export sales.  The Chinese are smart, and if they intend to buy...

biofuel

Biofuels Policy: 45Z and E15

The Office of Management and Budget (OMB) has signed off on a rule for the 45Z tax credit. The credit was created by the Inflation Reduction Act of 2022 during the Biden Administration for the production and sale of low-emission transportation fuels. It was updated and extended as part of the r...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3025/bushel, down $0.0475 from yesterday's close.  Mar 26 Wheat closed at $5.2975/bushel, down $0.055 from yesterday's close.  Mar 26 Soybeans closed at $11.1525/bushel, up $0.03 from yesterday's close.  Mar 26 Soymeal closed at $303.6/short ton, up $0.4...

soy-oilseeds

Volatility and Opportunity Abound in Soy Pricing

Soybean futures and the broader soy complex saw heightened volatility this week on a combination of domestic and international demand drivers. Following these moves, it is relevant to examine what seasonal pricing patterns suggest for the futures market, as well as what the implications are for...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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