World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 3 – 7 February 2025 The market remained bullish. Farmers keep sitting on grains expecting a better price amid rumours that ending stocks are melting away and grain will be in short supply soon. Both in Russia and Kazakhstan, export prices, the key driver on the market, seemed to have reached seasonal highs and are resisting a further bull. A bullish factor is the introduction of the export quota in Russia which starts next week and coincides with the end of the holiday season in China.  Since the beginning of 2025, Kazakhstan has opened its doors for Russian wheat after a ban that was introduced in August 2024. Historically, there was another ban for Russian wheat introduced in 2023 when wheat was allowed t...

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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...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 9 June)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.335/bushel, down $0.09 from yesterday's close.  Jul 25 Wheat closed at $5.42/bushel, down $0.1275 from yesterday's close.  Jul 25 Soybeans closed at $10.56/bushel, down $0.0125 from yesterday's close.  Jul 25 Soymeal closed at $295.5/short ton, down $0.2...

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...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 9 June)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.335/bushel, down $0.09 from yesterday's close.  Jul 25 Wheat closed at $5.42/bushel, down $0.1275 from yesterday's close.  Jul 25 Soybeans closed at $10.56/bushel, down $0.0125 from yesterday's close.  Jul 25 Soymeal closed at $295.5/short ton, down $0.2...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn  Argentina’s corn harvest advanced 3.3 percentage points over the past week and reached 43.8 percent of the estimated area nationwide. Progress remains slow due to high grain moisture and inaccessible soils in some regions. Still, harvest pace is 8 points ahead of last year &mda...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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