World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain and Oilseed Markets: 24 – 28 April 2023  Russia’s grain market remained bearish. Across the country, grains lost value except for Siberia which is still stable and even slightly bullish. However, Siberia is not going to maintain better prices as overall trends both globally and domestically are clearly bearish for the near term. Good prospects for new crop and low demand during the May holiday season will push prices further down. Farmers see that the bear is inevitable and are already prepared to sell for less… if they find a buyer. Export duties are going down, but this will not save the market from crashing, especially with a stronger RUB and an overall global bearish trend. Most likely the Russia...

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feed-grains soy-oilseeds wheat

Market Commentary: Corn Exports Hit Record; WASDE Little Changed for Soy, Wheat

The CBOT wasn’t expecting much from the December WASDE report and USDA delivered fully on those expectations. The headline numbers were the increase of corn exports to a record-breaking 3.2 Bbu and a commensurate reduction in ending stocks. Soybeans and wheat were left out of the balance...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.48/bushel, up $0.0425 from yesterday's close.  Mar 26 Wheat closed at $5.345/bushel, down $0.0025 from yesterday's close.  Jan 26 Soybeans closed at $10.8725/bushel, down $0.065 from yesterday's close.  Jan 26 Soymeal closed at $301.3/short ton, down $5 f...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region North African and Middle East wheat, corn, and barley importers will see more competition from Russian grains as Russia has reduced its grain export taxes to zero. Russia hopes to increase grain exports which are down by 13.3 perc...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Exports Hit Record; WASDE Little Changed for Soy, Wheat

The CBOT wasn’t expecting much from the December WASDE report and USDA delivered fully on those expectations. The headline numbers were the increase of corn exports to a record-breaking 3.2 Bbu and a commensurate reduction in ending stocks. Soybeans and wheat were left out of the balance...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.48/bushel, up $0.0425 from yesterday's close.  Mar 26 Wheat closed at $5.345/bushel, down $0.0025 from yesterday's close.  Jan 26 Soybeans closed at $10.8725/bushel, down $0.065 from yesterday's close.  Jan 26 Soymeal closed at $301.3/short ton, down $5 f...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region North African and Middle East wheat, corn, and barley importers will see more competition from Russian grains as Russia has reduced its grain export taxes to zero. Russia hopes to increase grain exports which are down by 13.3 perc...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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