World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 8–12 April 2024 During the first week of April, the Russian domestic grain market remained quite volatile but predominantly stable and bearish. The exception was milling wheat going for export which triggered price improvements in the ports against a weaker RUB and softer export duties. Corn is now duty free, however, the previous duty level was rather a technical issue meaning too small to worry about. Bullish sentiments covered only the regions which are near the ports. Further inland, prices remained stable. Intervention trading continues, however, without any major effect on the market. The Russian government purchased less than 1 MMT of grains (967,000MT to be exact). Tajikistan is on the market for 100,...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.0175 from yesterday's close.  Dec 25 Wheat closed at $5.1925/bushel, down $0.0025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, up $0.3 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Ending on a Sour Note

The weak jobs report sent most economic indices lower, except for gold. The dollar slumped lower despite the increased likelihood of interest rate cuts. Corn, soybeans and some wheat contract teased higher at the start of the session but they couldn’t hold. There was yet another new contr...

feed-grains

WPI U.S. State Corn Yield and Production Forecasts

The size and yield potential of the 2025 U.S. corn crop is of increasing debate and importance with the USDA’s September WASDE – and, more importantly, grain harvest – just around the corner. Much of the focus of recent discussions has been the impact of dryness across parts o...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.18/bushel, down $0.0175 from yesterday's close.  Dec 25 Wheat closed at $5.1925/bushel, down $0.0025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, up $0.3 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Ending on a Sour Note

The weak jobs report sent most economic indices lower, except for gold. The dollar slumped lower despite the increased likelihood of interest rate cuts. Corn, soybeans and some wheat contract teased higher at the start of the session but they couldn’t hold. There was yet another new contr...

feed-grains

WPI U.S. State Corn Yield and Production Forecasts

The size and yield potential of the 2025 U.S. corn crop is of increasing debate and importance with the USDA’s September WASDE – and, more importantly, grain harvest – just around the corner. Much of the focus of recent discussions has been the impact of dryness across parts o...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for August 22-28, 2025  Wheat: Net sales of 313,000 metric tons (MT) for 2025/2026 were down 46 percent from the previous week and 51 percent from the prior 4-week average. Export shipments of 890,600 MT were down 11 percent from the previous week, but up 50 perc...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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