World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets 18–22 September 2023  The Russian bear continued marching over all grains in European Russia without exception. The Asian part of Russia was more stable but sooner or later the bear will reach that part of the country as well as the domestic crop is huge and far exceeds Russia’s needs.  The export market remains unmistakably bearish and part of the reason beyond global bearish sentiments is the lack of international players on the market to force competition. Some traders believe that grain prices in the ports have already reached their bottom levels, however export duties and higher input costs for farmers are scaring the bull off. At the beginning of the marketing year, the wheat export duty...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Cattle are Hot Again, Grain Not so Much

Despite assurances from Treasury Secretary Scott Bessent and the announcement this morning of nearly a half million tons of new soybean sales to China, the trade just doesn’t see the plausibility of a full 12 MMT of beans being bought near-term by Beijing. Particularly not when commitment...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4475/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.3575/bushel, down $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.0525/bushel, down $0.1425 from yesterday's close.  Jan 26 Soymeal closed at $307.4/short ton, down...

feed-grains soy-oilseeds wheat

2026 Acreage Outlook: Expected Crop Shifts Diminishing

WPI’s second fall acreage forecasts for the 2026 U.S. crop year show producers executing a mild expansion of soybean acres that will not quite offset corn area losses while simultaneously reducing wheat area. Producers are also expected to keep minor crop acreage essentially unchanged, wh...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle are Hot Again, Grain Not so Much

Despite assurances from Treasury Secretary Scott Bessent and the announcement this morning of nearly a half million tons of new soybean sales to China, the trade just doesn’t see the plausibility of a full 12 MMT of beans being bought near-term by Beijing. Particularly not when commitment...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4475/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.3575/bushel, down $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.0525/bushel, down $0.1425 from yesterday's close.  Jan 26 Soymeal closed at $307.4/short ton, down...

feed-grains soy-oilseeds wheat

2026 Acreage Outlook: Expected Crop Shifts Diminishing

WPI’s second fall acreage forecasts for the 2026 U.S. crop year show producers executing a mild expansion of soybean acres that will not quite offset corn area losses while simultaneously reducing wheat area. Producers are also expected to keep minor crop acreage essentially unchanged, wh...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Session and More Ahead

Corn and soybeans traded much the way they did in the overnight session, though wheat posted something of a reversal. There were flash sales of corn to Mexico and Colombia but no new soybeans sales, which was bearish.  Treasury Secretary Scott Bessent, who is reportedly rising as a lead po...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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