World Perspectives
feed-grains soy-oilseeds wheat

Middle East and Mediterranean Regional Analysis

Iran has cancelled both the wheat and barley import duties that had been added this past July. It is still expected to import about 4 MMT of wheat in 2015/16, an approximate 2.3 MMT drop from last year, after purchasing 8.3 MMT of domestic stocks.   Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The Eid Al Adha period ended 28 September, and there is very little grain news from the Middle East/North Africa (MENA) region due to the four-five days of office closures associated with the holiday.Jordan has advised that the 100,000 MT of wheat donated by the U.S. government will be monetized (euphemism for sold) and the proceeds used to finance domestic agricultural projects. The selling of donated goods is quite a common practic...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, down $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3075/bushel, down $0.01 from yesterday's close.  Dec 25 Soymeal closed at $286.9/short ton, up $1.9...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Fall as Political Winds Swirl

The CBOT was mostly red on Tuesday with a combination of technical factors and a policy position reversal from the American Petroleum Institute weighing on markets. The API sent a letter to congress saying it reversed its earlier support for year-round sales of E15 fuel and said the government...

feed-grains soy-oilseeds wheat

Export Inspections: Corn and Wheat Up, Soybeans and Sorghum Down

The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is repor...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, down $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3075/bushel, down $0.01 from yesterday's close.  Dec 25 Soymeal closed at $286.9/short ton, up $1.9...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Fall as Political Winds Swirl

The CBOT was mostly red on Tuesday with a combination of technical factors and a policy position reversal from the American Petroleum Institute weighing on markets. The API sent a letter to congress saying it reversed its earlier support for year-round sales of E15 fuel and said the government...

feed-grains soy-oilseeds wheat

Export Inspections: Corn and Wheat Up, Soybeans and Sorghum Down

The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is repor...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

16 October was World Bread Day, just in case you missed it. The European Commodity Exchange held in Berlin Germany last week was well attended with over 4,000 people registered. There were many attendees from Turkey, Egypt, and across North Africa, fewer from Africa and the Middle East but stil...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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