World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Turkish flour miller Ulusoy Un Sanayi has received $25 million in six year debt facility from Hollands FMQ development bank. Ulusoy is one of Turkey’s largest flour millers with its business split 50/50 between local flour business and flour exports. FMQ had previously provided Ulusoy with a $18 million mill construction facility. Pakistan’s wheat flour prices reportedly increased by 10 percent this week which experts say is not justified as wheat prices are steady and supply is adequate in most areas. Press reports blame the increase on the smuggling of wheat and flour out of Pakistan. However, millers say that high prices are due to them having to buy expensive i...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Suez Canal revenue is reportedly up by 14.2 percent in the last four months due to “calmer conditions” in the Red Sea. Vessels using the canal during that period were at 4,405 with total cargo at 167.6 MM...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT Harvest advanced 4.9 percent week over week, reaching 16.5 percent of the suitable area. The national average yield continued to rise as combines moved through the core production zones, now at 2.6 MT/ha. In the highest-productivity regions, cutting was still limited, but early tests poin...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Suez Canal revenue is reportedly up by 14.2 percent in the last four months due to “calmer conditions” in the Red Sea. Vessels using the canal during that period were at 4,405 with total cargo at 167.6 MM...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT Harvest advanced 4.9 percent week over week, reaching 16.5 percent of the suitable area. The national average yield continued to rise as combines moved through the core production zones, now at 2.6 MT/ha. In the highest-productivity regions, cutting was still limited, but early tests poin...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3475/bushel, up $0.045 from yesterday's close.  Dec 25 Wheat closed at $5.4425/bushel, up $0.17 from yesterday's close.  Jan 26 Soybeans closed at $11.5725/bushel, up $0.3275 from yesterday's close.  Dec 25 Soymeal closed at $330.8/short ton, up $8.3 from...

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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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