World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt and India are discussing a possible arrangement for the trade of Egyptian fertilizer for Indian wheat – an arrangement that could benefit both countries. Egypt is the world’s fifth largest exporter of fertilizer and fertilizer is its second largest export. India has been on Egypt’s approved wheat suppliers list since 2022. Egypt plans to expand its local wheat storage capacity to 3.2 MMT by the end of 2023. $48.5 million is being spent on new strategic warehouses in the Luxor area with additional storage planned for the Suez region. The overall program intends to double the available wheat reserves in Egypt.  Turkey is being su...

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feed-grains soy-oilseeds wheat

How Will Soybeans’ Uncertain Outlook Affect Other Commodities?

November soybean futures’ recent move below the psychologically important $10.00 threshold has triggered concerns about weakness there affecting other markets. The question of how soybeans could impact other markets is germane because the oilseed is facing larger and more rapid adjustment...

WPI Grain Transportation Report

Dry Bulk Markets  The dry bulk market rally of the past two weeks has ended with rates turning softer this week. The Capesize sector – which lead the recent rally – is now leading the way lower with the Panamax sector in tow. The reason for the weaker rates is that fresh cargo...

feed-grains soy-oilseeds wheat

Market Commentary: New Highs and Lows, Mixed Volume and Results

December corn closed higher for a second session in a row, no doubt aided by the daily export sales reported by USDA. By contrast and since its recent high back on 18 July, both the September and November soybean contracts have closed lower each session but one.   There was higher vol...

feed-grains soy-oilseeds wheat

How Will Soybeans’ Uncertain Outlook Affect Other Commodities?

November soybean futures’ recent move below the psychologically important $10.00 threshold has triggered concerns about weakness there affecting other markets. The question of how soybeans could impact other markets is germane because the oilseed is facing larger and more rapid adjustment...

WPI Grain Transportation Report

Dry Bulk Markets  The dry bulk market rally of the past two weeks has ended with rates turning softer this week. The Capesize sector – which lead the recent rally – is now leading the way lower with the Panamax sector in tow. The reason for the weaker rates is that fresh cargo...

feed-grains soy-oilseeds wheat

Market Commentary: New Highs and Lows, Mixed Volume and Results

December corn closed higher for a second session in a row, no doubt aided by the daily export sales reported by USDA. By contrast and since its recent high back on 18 July, both the September and November soybean contracts have closed lower each session but one.   There was higher vol...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1375/bushel, up $0.015 from yesterday's close.  Sep 25 Wheat closed at $5.2325/bushel, down $0.005 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, down $0.065 from yesterday's close.  Dec 25 Soymeal closed at $276/short ton, up $1.5 fro...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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