World Perspectives
feed-grains soy-oilseeds wheat

European Market Analysis

Ukraine Export Corridor Update The biggest news in European and Black Sea grain markets this week is Russia’s announcement that it will exit the UN/Ukraine/Russia grain “export corridor” deal effective immediately. WPI and other analysts had long suspected Russia would not renew the deal when it expired in mid-November, but the sudden exit was a surprise. Russia said its move was motivated by recent Ukrainian attacks on the Russian-held Black Sea port of Sevastopol. Russia blame Ukraine for using “the cover of a humanitarian corridor” to launch sea and air strikes against Russian forces. Russia indicated it can no longer guarantee the safety of civilian ships navigating the Black Sea.  In response to Rus...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.3275/bushel, down $0.0075 from yesterday's close.  Jul 25 Wheat closed at $5.7375/bushel, down $0.005 from yesterday's close.  Jul 25 Soybeans closed at $10.7275/bushel, down $0.02 from yesterday's close.  Jul 25 Soymeal closed at $284.9/short ton, up $0...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat and War Rattle Ahead of Holiday

Corn and soybeans closed lower overnight and danced that way this morning but once again could not resist the pull of wheat higher. The wheat market doubled down on yesterday’s weather premium mood as the Southern Plains remain overly wet. The Fed walked back some of its previous alarm be...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.335/bushel, up $0.02 from yesterday's close.  Jul 25 Wheat closed at $5.7425/bushel, up $0.2525 from yesterday's close.  Jul 25 Soybeans closed at $10.7475/bushel, up $0.0075 from yesterday's close.  Jul 25 Soymeal closed at $284.9/short ton, down $0.2 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.3275/bushel, down $0.0075 from yesterday's close.  Jul 25 Wheat closed at $5.7375/bushel, down $0.005 from yesterday's close.  Jul 25 Soybeans closed at $10.7275/bushel, down $0.02 from yesterday's close.  Jul 25 Soymeal closed at $284.9/short ton, up $0...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat and War Rattle Ahead of Holiday

Corn and soybeans closed lower overnight and danced that way this morning but once again could not resist the pull of wheat higher. The wheat market doubled down on yesterday’s weather premium mood as the Southern Plains remain overly wet. The Fed walked back some of its previous alarm be...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.335/bushel, up $0.02 from yesterday's close.  Jul 25 Wheat closed at $5.7425/bushel, up $0.2525 from yesterday's close.  Jul 25 Soybeans closed at $10.7475/bushel, up $0.0075 from yesterday's close.  Jul 25 Soymeal closed at $284.9/short ton, down $0.2 fr...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9 – 13 June 2025 The grains market saw no major changes especially with two days of holidays when the country celebrated Russia day. The new crop smell is in the air with annexed Crimea already harvesting. This season the crop in Crimea will be poor because the irri...

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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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