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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Pakistan’s wheat imports for 2023/24 will be lower according to a recent FAO report. 2023/24 wheat imports are seen as 1.8 MMT, which is below import levels of the last two years, although the five -year average for wheat imports is at 1.6 MMT. Pakistan’s food inflation rate stands at 28.7 percent while its currency has dropped by 30 percent against the dollar.  Egypt’s wheat imports for 2023/24 will be up by about 800,000 MT to 120 MMT, according to the latest USDA-FAS report. Local production is expected to drop by about 700,000 MT to 8.9 MMT. Overall, the total consumption of wheat will be steady at 20.6 MMT. Corn imports for 2023/...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Biofuel and Trade Policy Worries Pressure CBOT along with Dollar Strength

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Bearish Beat Goes On

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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