World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 5–9 August 2024 Crop Outlook Russian analysts woke up to the fact that grain production reported from farms is higher than originally predicted. The reaction was quick and most of the main analytical agencies in Russia reforecast their numbers upwards. Particularly, IKAR increased their forecast from 128 MMT to 129.5 MMT excluding occupied territories but including Crimea. They predict wheat production at 83.8 MMT versus 83.2 MMT, barley at 17.2 MMT versus 16.9 MMT, and corn at 14.3 MMT versus 14 MMT. Logically, if you increase production, you might as well increase export potential. That was done and now IKAR sees Russia as a potential exporter of 56.2 MMT of grains versus 55 MMT earlier, of which wheat is 4...

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feed-grains soy-oilseeds wheat

Market Commentary: Court Ruling Rattles Markets; Corn Rallies on Export Demand

The CBOT was sharply lower to start the holiday-shortened trading week with Friday’s ruling that President Trump’s tariffs may be illegal throwing ag and other markets into confusion. The ruling makes unclear the outlook for negotiating further trade deals – or even continuing...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.23/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.2825/bushel, down $0.06 from yesterday's close.  Nov 25 Soybeans closed at $10.41/bushel, down $0.135 from yesterday's close.  Dec 25 Soymeal closed at $283.8/short ton, down $5.2 fr...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 2 September)

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

Market Commentary: Court Ruling Rattles Markets; Corn Rallies on Export Demand

The CBOT was sharply lower to start the holiday-shortened trading week with Friday’s ruling that President Trump’s tariffs may be illegal throwing ag and other markets into confusion. The ruling makes unclear the outlook for negotiating further trade deals – or even continuing...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.23/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.2825/bushel, down $0.06 from yesterday's close.  Nov 25 Soybeans closed at $10.41/bushel, down $0.135 from yesterday's close.  Dec 25 Soymeal closed at $283.8/short ton, down $5.2 fr...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 2 September)

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

European Market Analysis

Milling Wheat  Except for the CBOT futures market, global wheat values were lower last week as larger harvest expectations weighed on market sentiment. With forecasts growing for the 2025/26 crops in Russia, Australia, and Canada, there seems no shortage of wheat supplies this year, which...

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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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