World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s wheat imports for 2023/24 are expected to decrease and wheat stocks could drop to the lowest level seen in 20 years. Severe weakness in the Egyptian pound and a lack of foreign exchange are seen as the major factors for the drop in imports. Egypt’s food inflation annual rate is at 126 percent compared to 2020.  Egypt’s CY 2023 wheat imports were up by 14.5 percent to 11.0 MMT, 5 MMT of which was imported by GASC with the balance for the private sector. Eighty percent of the wheat imports originated in the Black Sea – Romania, Ukraine, and Russia. Egypt’s currency (the Egyptian pound) has fallen by 20 percent in Ja...

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feed-grains soy-oilseeds wheat

Market Commentary: 2025 Brings Corrections for Overbought Futures

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: New Year, Same Trend - Corn and Beans Higher, Wheat Not

Corn and soybeans opened lower but quickly shifted back to positive territory. All three wheats were lower in overnight trading and pretty much traded lower all during the day session. There was good volume trading in HRW, cattle and feeders. March feeder cattle hit a new contract high. Lean ho...

feed-grains soy-oilseeds wheat

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Mar 25 Corn closed at $4.5075/bushel, down $0.0875 from yesterday's close. Mar 25 Wheat closed at $5.2925/bushel, down $0.165 from yesterday's close. Mar 25 Soybeans closed at $9.9175/bushel, down $0.2025 from yesterday's close. Mar 25 Soymeal closed at $308.6/short ton, down $11...

feed-grains soy-oilseeds wheat

Market Commentary: New Year, Same Trend - Corn and Beans Higher, Wheat Not

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.595/bushel, up $0.01 from yesterday's close. Mar 25 Wheat closed at $5.4575/bushel, down $0.0575 from yesterday's close. Mar 25 Soybeans closed at $10.12/bushel, up $0.015 from yesterday's close. Mar 25 Soymeal closed at $319.9/short ton, up $3 from yeste...

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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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