World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 17–21 July 2023  Russian farmers continue harvesting winter crops and the progress is quite good with grain crop forecasts totaling 134.5 MMT of which 86.5 MMT is wheat. Local analysts increased the forecast. The worst-case scenario is 123.5 MMT of grains with 79 MMT of wheat. The barley crop is forecast at 19 MMT while corn is 15.4 MMT. The announcement of Russia quitting the Black Sea Grain Initiative (BSGI) was almost immediately followed by bombing of Odessa’s port infrastructure. Global markets reacted immediately, while Russian markets will have to adjust to step-by-step as there is no futures trading in Russia. With Russian RUB remaining relatively stable and reference prices going down, the...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Grain Consolidation Begins while Cattle Correction Continues

With the notable exception of soyoil, the CBOT was mostly higher on Tuesday with funds covering shorts ahead of the midweek holiday amid a few bullish headlines. Wheat was the upside leader as harvest delays and quality concerns mount for the Southern Plains HRW crop amid persistent rains. Soyb...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.315/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.49/bushel, up $0.125 from yesterday's close.  Jul 25 Soybeans closed at $10.74/bushel, up $0.0425 from yesterday's close.  Jul 25 Soymeal closed at $285.1/short ton, up $1.4 from...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkish officials announced that the cost of vessels passing through the Bosphorus/Dardanelles will increase by 15 percent on 1 July. The new tariff is set at $5.83 per MT and will affect all grain/oilseed items from the Black Sea...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Consolidation Begins while Cattle Correction Continues

With the notable exception of soyoil, the CBOT was mostly higher on Tuesday with funds covering shorts ahead of the midweek holiday amid a few bullish headlines. Wheat was the upside leader as harvest delays and quality concerns mount for the Southern Plains HRW crop amid persistent rains. Soyb...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.315/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.49/bushel, up $0.125 from yesterday's close.  Jul 25 Soybeans closed at $10.74/bushel, up $0.0425 from yesterday's close.  Jul 25 Soymeal closed at $285.1/short ton, up $1.4 from...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkish officials announced that the cost of vessels passing through the Bosphorus/Dardanelles will increase by 15 percent on 1 July. The new tariff is set at $5.83 per MT and will affect all grain/oilseed items from the Black Sea...

feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Locks Limit Up Again; Wheat, Corn Fall; New Highs for Hogs

Soyoil remained the star of the CBOT on Monday and locked limit-up for the second day following the surprisingly bullish EPA RVO mandates released Friday. That carried soybeans and ICE canola futures higher – along with other vegoil markets – for the day, but soybean and soyoil were...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up