World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn Despite stable FAS prices near $200-205/MT, Argentina’s market saw traded volume decrease. Even so, October is almost here, and farmers have sold 40 MMT of corn and ongoing volumes are still significant. Farmers sold more than 1.2 MMT in the first three weeks of September and more than 2 MMT during August. Prices are good and with the prospect of a bumper crop appearing in 2022, selling now seems like a good strategy. Also, it seems the crop could have been a bit higher than expectations of 50.5 MMT.  Exporters have come close to buying the total export surplus (38.5 MMT) and have registered export sales for 36.5 MMT, and plan to continue registering. Notably, however, exporters haven’t sold those 36.5 MMT yet. Expor...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5775/bushel, up $0.02 from yesterday's close.  May 26 Wheat closed at $6.1625/bushel, up $0.0925 from yesterday's close.  May 26 Soybeans closed at $11.71/bushel, up $0.1125 from yesterday's close.  May 26 Soymeal closed at $316.4/short ton, up $1.5 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on USDA Data, Hopes for End to Middle East Conflict

Except for lean hog futures, the CBOT and CME markets were higher on Tuesday in a combination of bullish factors. The day’s strength started after the Wall Street Journal reported that President Trump told aides he is willing to end hostilities in the Middle East even if the Strait of Hor...

China Market Analysis

SPS Barriers India’s rice exports to China have been accelerating, but Beijing recently rejected three shipments of non-Basmati rice, citing genetically modified content. The technical rejection is notable because China’s Certification and Inspection Group had already pre-cleared th...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5775/bushel, up $0.02 from yesterday's close.  May 26 Wheat closed at $6.1625/bushel, up $0.0925 from yesterday's close.  May 26 Soybeans closed at $11.71/bushel, up $0.1125 from yesterday's close.  May 26 Soymeal closed at $316.4/short ton, up $1.5 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on USDA Data, Hopes for End to Middle East Conflict

Except for lean hog futures, the CBOT and CME markets were higher on Tuesday in a combination of bullish factors. The day’s strength started after the Wall Street Journal reported that President Trump told aides he is willing to end hostilities in the Middle East even if the Strait of Hor...

China Market Analysis

SPS Barriers India’s rice exports to China have been accelerating, but Beijing recently rejected three shipments of non-Basmati rice, citing genetically modified content. The technical rejection is notable because China’s Certification and Inspection Group had already pre-cleared th...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq’s 2026 wheat imports are seen increasing by about 8.3 percent to 2.4 million MT, according to the FAO, as a result of the 16 percent lower 2025 wheat crop — down to 4.4 MMT in 2025 from 5.2 MMT in 2024. Planting f...

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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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