World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 14-18 November 2022 Russia continues to harvest a record crop - over 150 MMT currently. Even more interesting are current Russian stocks and carryover. Russian Statistics Agency reported that as of 1 November, Russia’s grain stocks are 42.6 MMT, up 31 percent from 2021. Wheat stocks showed 28.9 MMT which is up 9.3 MMT (48 percent) from last year. Corn stock are at 2.3 MMT, down 1.8 MMT or 44 percent less than a year ago.  With relatively high stocks and a record crop, prices for grains in Russia are under severe pressure. Reopening of the UN humanitarian aid corridor for Ukraine makes it even worse. The agreement was extended for another 120 days thus calming down the world community and global grain trad...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2775/bushel, up $0.0675 from yesterday's close.  Sep 25 Wheat closed at $5.4625/bushel, up $0.1275 from yesterday's close.  Nov 25 Soybeans closed at $10.3575/bushel, up $0.0925 from yesterday's close.  Dec 25 Soymeal closed at $288.8/short ton, up $5.3 f...

feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Green Finish of a Bullish Week

The market was green across the board in grain and oilseed in the overnight and mostly finished that way in the day session except for soyoil, where profit taking prevailed. It seemed like a hot week for soyoil but after today’s session, it turned out to be corn that had the better week.&...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for July 4-10, 2025.  Wheat: Net sales of 494,400 metric tons (MT) for 2025/2026 were down 13 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 432,900 MT were down 3 percent from the previous week, but up 7 perce...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2775/bushel, up $0.0675 from yesterday's close.  Sep 25 Wheat closed at $5.4625/bushel, up $0.1275 from yesterday's close.  Nov 25 Soybeans closed at $10.3575/bushel, up $0.0925 from yesterday's close.  Dec 25 Soymeal closed at $288.8/short ton, up $5.3 f...

feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Green Finish of a Bullish Week

The market was green across the board in grain and oilseed in the overnight and mostly finished that way in the day session except for soyoil, where profit taking prevailed. It seemed like a hot week for soyoil but after today’s session, it turned out to be corn that had the better week.&...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for July 4-10, 2025.  Wheat: Net sales of 494,400 metric tons (MT) for 2025/2026 were down 13 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 432,900 MT were down 3 percent from the previous week, but up 7 perce...

feed-grains soy-oilseeds wheat

Market Commentary: Quirky Day in a Quirky Week

It was a somewhat quirky day as grains took their lumps and soyoil supported beans. There was a new contract low in HRW, low volume trading corn and livestock, but high volume in soyoil. After trading 40,000 contracts, December soymeal settled unchanged, and moving in mere fractions, September...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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