World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 10 – 14 February 2025 The market remained bullish with some regional deviations. Corn and barley prices froze along with export demand for the latter. Keep in mind that beginning 15 February, the new export quota for grains covers only wheat. Wheat allowed for export is now 10.6 MMT. This quota does not include Customs Union countries including Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Also, excluded is humanitarian aid which Russia from time to time provides to African countries. The quota is a factor but not the driver at the moment. Physically remaining stocks in Russia differ from region to region and there are wheat-deficient regions already because wheat exports earlier in the season were quite high. R...

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feed-grains soy-oilseeds wheat

Market Commentary: Tariffs on, Risk off

The market opened today as it had closed from the previous night’s session, with double digit declines in many contracts. An hour into today’s session, first soymeal, then corn, then HRW and hogs turned green. Many then wobbled both sides of unchanged.  There was a new contract...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 21-27, 2025. Wheat: Net sales of 340,000 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 40 percent from the prior 4-week average. Export shipments of 499,600 MT were up 17 percent from the previous week and 33 percent from th...

soy-oilseeds

Oilseed Highlights: “Liberation Day” Rattles Markets

The Market  Prior to the Liberation Day tariffs that President Trump announced late Wednesday, oilseed markets were seeing noted strength due to renewed hopes for biodiesel demand. Earlier this week, news broke that members of the oil and renewable energy sectors met with the EPA to discus...

feed-grains soy-oilseeds wheat

Market Commentary: Tariffs on, Risk off

The market opened today as it had closed from the previous night’s session, with double digit declines in many contracts. An hour into today’s session, first soymeal, then corn, then HRW and hogs turned green. Many then wobbled both sides of unchanged.  There was a new contract...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 21-27, 2025. Wheat: Net sales of 340,000 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 40 percent from the prior 4-week average. Export shipments of 499,600 MT were up 17 percent from the previous week and 33 percent from th...

soy-oilseeds

Oilseed Highlights: “Liberation Day” Rattles Markets

The Market  Prior to the Liberation Day tariffs that President Trump announced late Wednesday, oilseed markets were seeing noted strength due to renewed hopes for biodiesel demand. Earlier this week, news broke that members of the oil and renewable energy sectors met with the EPA to discus...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5775/bushel, down $0.04 from yesterday's close.  May 25 Wheat closed at $5.3925/bushel, down $0.0125 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.0475 from yesterday's close.  May 25 Soymeal closed at $287.2/short ton, down $...

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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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