World Perspectives
feed-grains soy-oilseeds wheat

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Lebanon officials have said that the Beirut port silos will be demolished due to the extensive damage caused by the recent explosion in the port. The silos contained about 45,000 MT of grain at the time of the explosion and none of the grain is salvageable for human food or animal feed use. There are also news reports in Lebanon that flour donated by Egypt and Iraq, since the port explosion, has been poorly stored and may have to be destroyed. The government denies these reports. Crysbro, a Sri Lankan poultry company, has come out strongly in support of the government’s plans to expand local maize production. Sri Lanka produces about 225,000 MT of maize per year, but con...

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feed-grains soy-oilseeds wheat

Market Commentary: Today was Green but Headwinds for the Week

Corn, soymeal, live cattle and lean hogs all traded lower during the morning start but by the end of the day, only lean hogs ended lower. There were modest volumes being traded on Friday for most contracts, except feeder cattle where it was nearly double the five-day average.December soymeal hi...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for November 1-7, 2024. Wheat: Net sales of 380,100 metric tons (MT) for 2024/2025 were up 1 percent from the previous week, but down 17 percent from the prior 4-week average. Export shipments of 301,300 MT were up 27 percent from the previous week and 5 percent...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.24/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.365/bushel, up $0.0625 from yesterday's close. Jan 25 Soybeans closed at $9.985/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $289.6/short ton, up $2.6 from yesterda...

feed-grains soy-oilseeds wheat

Market Commentary: Today was Green but Headwinds for the Week

Corn, soymeal, live cattle and lean hogs all traded lower during the morning start but by the end of the day, only lean hogs ended lower. There were modest volumes being traded on Friday for most contracts, except feeder cattle where it was nearly double the five-day average.December soymeal hi...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for November 1-7, 2024. Wheat: Net sales of 380,100 metric tons (MT) for 2024/2025 were up 1 percent from the previous week, but down 17 percent from the prior 4-week average. Export shipments of 301,300 MT were up 27 percent from the previous week and 5 percent...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.24/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.365/bushel, up $0.0625 from yesterday's close. Jan 25 Soybeans closed at $9.985/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $289.6/short ton, up $2.6 from yesterda...

FOB Prices and Freight Rates App (Updated 15 November)

Ocean Freight Comments - 15 November 2024By Matt HerringtonDry bulk freight markets were mixed this week with Capes rising while Supramax vessel rates declined yet again. The Capesize sector found support from China’s recent efforts to stockpile coal and iron ore, but this support has not yet t...

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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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