World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 2 - 6 January 2023    With a historic grain crop and the upcoming Russian Orthodox Christmas holidays, traders seem to have taken a winter break which may last the first two first weeks of January rather than one week because in Russia the old new year is celebrated too. The government is using this time to test the attitude of market operators and to announce several important updates. First, Russia will impose an export quota for grains beginning 15 February until 30 June 2023. This export quota is 25.5 MMT. Also, the rice export ban is extended until 30 June 2023. Sunflower oil export remains duty free. GASC continues buying Russian wheat and returned to tenders. 28 December saw the first tender since J...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 16-22, 2026  Wheat: Net sales of 558,200 metric tons (MT) for 2025/2026 were down 10 percent from the previous week, but up noticeably from the prior 4-week average. Export shipments of 378,800 MT were up 2 percent from the previous week and 19 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Impacts as Commodities Move Their Own Way

Markets traded higher overnight and opened that way this morning, but the soy complex quickly gave way. Weather threatens shipments down the Mississippi, yields in Argentina and southern Brazil, Ukraine, and other places as well. But it is still a buyers’ market.  A decent USDA Expor...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3075/bushel, up $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.415/bushel, up $0.055 from yesterday's close.  Mar 26 Soybeans closed at $10.7225/bushel, down $0.0275 from yesterday's close.  Mar 26 Soymeal closed at $296/short ton, down $1.8 f...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 16-22, 2026  Wheat: Net sales of 558,200 metric tons (MT) for 2025/2026 were down 10 percent from the previous week, but up noticeably from the prior 4-week average. Export shipments of 378,800 MT were up 2 percent from the previous week and 19 percen...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Impacts as Commodities Move Their Own Way

Markets traded higher overnight and opened that way this morning, but the soy complex quickly gave way. Weather threatens shipments down the Mississippi, yields in Argentina and southern Brazil, Ukraine, and other places as well. But it is still a buyers’ market.  A decent USDA Expor...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3075/bushel, up $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.415/bushel, up $0.055 from yesterday's close.  Mar 26 Soybeans closed at $10.7225/bushel, down $0.0275 from yesterday's close.  Mar 26 Soymeal closed at $296/short ton, down $1.8 f...

Transportation and Export Report - 28 January 2026

Grain transportation was thrown into confusion this week as ice and low water levels on the Mississippi River System snarled barge traffic and caused a surge in CIF grain values. On the ocean freight markets, rising bunker prices and improved demand in the Atlantic drove dry-bulk markets higher...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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