World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 19 - 23 December 2022    Russian Ministry of Agriculture announced a record year-end grain production of 159.5 MMT in bunker weight which is up 32.6 MMT from 2021. The Ministry forecasts the final grain production number after dockage at 150 MMT with wheat production at 100 MMT. Corn production is estimated at 13.9 MMT which is down from 16.1 MMT in 2021. Some corn harvesting may be delayed until spring or late winter. During the last week of 2022, Russian grain markets remained stable because of low trading activity at the year’s end. Traditionally, Russian Orthodox Christmas is on 7 January and most companies are taking a Christmas break during the first ten days in January.  The trend is unm...

Related Articles
soy-oilseeds

Oilseed Highlights

The Market Soybean futures have largely been waiting for the January WASDE report, which USDA will publish on today, with traders specifically focusing on the South American supply outlooks. The dry weather in Argentina has been largely offset by favorable conditions in Brazil, leaving the...

feed-grains soy-oilseeds wheat

Market Commentary: Big Nothingburger

It was a good thing that futures markets closed early today given that there were very few inputs to guide movements. The U.S. government was closed in observance of President Jimmy Carter’s memorial, so reports like weekly Export Sales are delayed until tomorrow. Wall Street and the...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.56/bushel, up $0.02 from yesterday's close. Mar 25 Wheat closed at $5.34/bushel, down $0.0225 from yesterday's close. Mar 25 Soybeans closed at $9.99/bushel, up $0.045 from yesterday's close. Mar 25 Soymeal closed at $299.3/short ton, down $1.5 from yeste...

soy-oilseeds

Oilseed Highlights

The Market Soybean futures have largely been waiting for the January WASDE report, which USDA will publish on today, with traders specifically focusing on the South American supply outlooks. The dry weather in Argentina has been largely offset by favorable conditions in Brazil, leaving the...

feed-grains soy-oilseeds wheat

Market Commentary: Big Nothingburger

It was a good thing that futures markets closed early today given that there were very few inputs to guide movements. The U.S. government was closed in observance of President Jimmy Carter’s memorial, so reports like weekly Export Sales are delayed until tomorrow. Wall Street and the...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.56/bushel, up $0.02 from yesterday's close. Mar 25 Wheat closed at $5.34/bushel, down $0.0225 from yesterday's close. Mar 25 Soybeans closed at $9.99/bushel, up $0.045 from yesterday's close. Mar 25 Soymeal closed at $299.3/short ton, down $1.5 from yeste...

feed-grains soy-oilseeds wheat

Market Commentary: Comfortable, With Jitters

There was generally low volume in grains today as traders await USDA’s important reports on Friday. There is no reason to spend more money on fees or commissions after spending several days aligning with the perceived outcomes. At the same time, market noise does not completely stop and there i...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up