World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 16–20 October 2023  As of 20 October, Russian farmers harvested grains and pulses from 44.6 Mha which is in line with last year (44.5 Mha), averaging 3.08 MT/ha versus 3.33 MT/ha, a record-breaking year in Russian history. Interestingly, Russia first reports the bunker weight which means grain harvested but not cleaned or graded and only later in the season updates the market with the real figure. Currently, statistics show 137.2 MMT of grains in bunker weight versus 148.1 MMT a year ago. Specifically harvested was:

Wheat: 28.5 Mha vs 29.1 Mha – averaging 3.26 MT/ha vs 3.59 MT/ha – producing 93.1 MMT vs 104.2 MMT Barley: 7.8 Mha vs 7.9 Mha – averaging 2.8 MT/ha vs 3.07 MT/ha –...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5425/bushel, down $0.035 from yesterday's close.  May 26 Wheat closed at $5.975/bushel, down $0.1875 from yesterday's close.  May 26 Soybeans closed at $11.685/bushel, down $0.025 from yesterday's close.  May 26 Soymeal closed at $318.2/short ton, up $1.8...

feed-grains soy-oilseeds wheat

Market Commentary: Plenty of Information — No Clear Direction

Key Market Developments Macro: Tension Without Direction Markets are trading the tension between escalation and resolution — and neither side has control. Both equities and commodities tested key technical levels this week before reversing sharply on headlines suggesting — at least...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 23–27 March 2026 The Russian grains market was stable to slightly firmer during the week. Export activity and port trading remained slow, while the domestic market and inland trade reflected firmer farmer price expectations. Even so, gains were limited, and the broa...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5425/bushel, down $0.035 from yesterday's close.  May 26 Wheat closed at $5.975/bushel, down $0.1875 from yesterday's close.  May 26 Soybeans closed at $11.685/bushel, down $0.025 from yesterday's close.  May 26 Soymeal closed at $318.2/short ton, up $1.8...

feed-grains soy-oilseeds wheat

Market Commentary: Plenty of Information — No Clear Direction

Key Market Developments Macro: Tension Without Direction Markets are trading the tension between escalation and resolution — and neither side has control. Both equities and commodities tested key technical levels this week before reversing sharply on headlines suggesting — at least...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 23–27 March 2026 The Russian grains market was stable to slightly firmer during the week. Export activity and port trading remained slow, while the domestic market and inland trade reflected firmer farmer price expectations. Even so, gains were limited, and the broa...

FOB Prices and Freight Rates App (Updated 1 April)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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