World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9 - 13 January 2023    The Russian Statistics Agency (RosStat) has adjusted preliminary crop size numbers for the 2022 crop. Overall, grain production numbers were adjusted upwards reaching 153.83 MMT versus the previous 150.985 MMT. Wheat production was adjusted to 104.44 MMT (102.7 MMT), barley to 23.45 MMT (22.88 MMT) and corn to 11.78 MMT (11.68 MMT). Bunker weight, or weight before dockage and drying at the elevator, showed 160.597 MMT which means that losses were 4.2 percent versus 4.4 percent a year ago. However, these numbers are not final; at the end of February the final data will be published. Intervention purchasing froze at 3.123 MMT and chances for extension of this governmental program in t...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.41/bushel, down $0.03 from yesterday's close.  May 26 Wheat closed at $5.71/bushel, down $0.035 from yesterday's close.  May 26 Soybeans closed at $11.7575/bushel, up $0.105 from yesterday's close.  May 26 Soymeal closed at $331.8/short ton, up $14.2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Conflicting Factors Equals Mixed Day

There are so many conflicting narratives between war and peace, rain and drought, hopes and fears, that it was a mixed day of trading on Friday, and a mixed outcome for the week.  For today, corn suffered its sixth lower day in the past seven trading sessions. There was high volume in soyb...

wheat

Wheat’s Fall from Grace

Buried in the many mountains of USDA data last week was the March 2026 Prospective Plantings report. There you will find one specific figure among the many that was a record: USDA’s lowest ever prospective plantings estimate for wheat. It was not a surprise. U.S. wheat plantings and harve...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.41/bushel, down $0.03 from yesterday's close.  May 26 Wheat closed at $5.71/bushel, down $0.035 from yesterday's close.  May 26 Soybeans closed at $11.7575/bushel, up $0.105 from yesterday's close.  May 26 Soymeal closed at $331.8/short ton, up $14.2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Conflicting Factors Equals Mixed Day

There are so many conflicting narratives between war and peace, rain and drought, hopes and fears, that it was a mixed day of trading on Friday, and a mixed outcome for the week.  For today, corn suffered its sixth lower day in the past seven trading sessions. There was high volume in soyb...

wheat

Wheat’s Fall from Grace

Buried in the many mountains of USDA data last week was the March 2026 Prospective Plantings report. There you will find one specific figure among the many that was a record: USDA’s lowest ever prospective plantings estimate for wheat. It was not a surprise. U.S. wheat plantings and harve...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.44/bushel, down $0.0325 from yesterday's close.  May 26 Wheat closed at $5.745/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.6525/bushel, up $0.0325 from yesterday's close.  May 26 Soymeal closed at $317.6/short ton, up $3.5...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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