World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  The Rosario Grain Exchange reports that wheat fields in the central, northern, and western parts of the planted area are suffering from a lack of water, raising doubts about its current production estimate of 20.5 MMT- a figure considered high by many in the market. In September, these regions received no rainfall, and plant moisture demand is increasing. This is troubling news for the milling industry in the center and north of the country, which is already struggling to purchase wheat and is anxiously awaiting the new harvest. Currently, soil moisture in these regions is worse than it was in 2022 and 2023. The market is now discussing a wheat production forecast of 18-19 MMT, with an exportable surplus of approximately 12 M...

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feed-grains soy-oilseeds wheat

Market Commentary: Three-Factor Rally for Soy Complex; Corn Extends Gains

Overnight trade saw short covering and corrective trade in corn, soybeans, and wheat but only the former two markets were able to hold their gains. Soybeans saw a bullish day from the confluence of three factors – the NOPA crush report, fresh “flash” export sales, and Presiden...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.24/bushel, up $0.0425 from yesterday's close.  Sep 25 Wheat closed at $5.4125/bushel, up $0.0325 from yesterday's close.  Nov 25 Soybeans closed at $10.205/bushel, up $0.1875 from yesterday's close.  Dec 25 Soymeal closed at $283.5/short ton, up $4 from y...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 7 – 11 July 2025 The export market is drawing all the attention and in the southern (export oriented) regions of Russia, demand and hunger for more business surpass supply, thus bringing prices back to previous levels, sometimes even higher. In some regions where ha...

feed-grains soy-oilseeds wheat

Market Commentary: Three-Factor Rally for Soy Complex; Corn Extends Gains

Overnight trade saw short covering and corrective trade in corn, soybeans, and wheat but only the former two markets were able to hold their gains. Soybeans saw a bullish day from the confluence of three factors – the NOPA crush report, fresh “flash” export sales, and Presiden...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.24/bushel, up $0.0425 from yesterday's close.  Sep 25 Wheat closed at $5.4125/bushel, up $0.0325 from yesterday's close.  Nov 25 Soybeans closed at $10.205/bushel, up $0.1875 from yesterday's close.  Dec 25 Soymeal closed at $283.5/short ton, up $4 from y...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 7 – 11 July 2025 The export market is drawing all the attention and in the southern (export oriented) regions of Russia, demand and hunger for more business surpass supply, thus bringing prices back to previous levels, sometimes even higher. In some regions where ha...

FOB Prices and Freight Rates App (Updated 16 July)

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

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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