World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region The 2025 dates for Ramadan are estimated to be 28 February until 30 March. The actual dates will depend on the location of each country. Egypt’s government hopes to increase its local wheat purchases in 2025 by 11 percent to about 4 MMT. Total wheat consumption in Egypt is seen at 20 MMT for 2025 with imports accounting for about 14 MMT. Bangladesh reports that wheat plantings are down by 8 percent for 2024/25 as farmers switch to more profitable crops, like maize and potatoes. Total wheat planted area has dropped by 35 percent since 2016 while maize planting continues to increase, driven by increased animal feed demand. Turkey’s rainfall at the end of 2024 and the...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.11/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.2975/bushel, down $0.0875 from yesterday's close.  Nov 25 Soybeans closed at $10.095/bushel, down $0.02 from yesterday's close.  Dec 25 Soymeal closed at $276.5/short ton, down $2.8...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Sinks Grain Bull Hopes; Cattle Hit All-Time Highs

The theme for this week’s grain markets seems to be that of favorable weather, big crops, and increasingly bearish sentiment. That was certainly the case Tuesday, as corn, soybeans, soymeal, and wheat all sold off amid fund and commercial selling. Several markets/contracts hit new contrac...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Mostakbal Misr (Future of Egypt) may not be able to buy grain from Ukraine as it could be added to the blacklist. Ukraine says that the company has purchased wheat from Russia that was harvested in Russia occupied ar...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.11/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.2975/bushel, down $0.0875 from yesterday's close.  Nov 25 Soybeans closed at $10.095/bushel, down $0.02 from yesterday's close.  Dec 25 Soymeal closed at $276.5/short ton, down $2.8...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Sinks Grain Bull Hopes; Cattle Hit All-Time Highs

The theme for this week’s grain markets seems to be that of favorable weather, big crops, and increasingly bearish sentiment. That was certainly the case Tuesday, as corn, soybeans, soymeal, and wheat all sold off amid fund and commercial selling. Several markets/contracts hit new contrac...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Mostakbal Misr (Future of Egypt) may not be able to buy grain from Ukraine as it could be added to the blacklist. Ukraine says that the company has purchased wheat from Russia that was harvested in Russia occupied ar...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Overrides Trade Deal; Cattle Hit New Highs on Tight Inventories

The big news for Monday’s ag market trade wasn’t the U.S.-EU trade deal, but rather continued favorable weather in the U.S. Midwest that will boost corn and soybean yield potential to record or near-record levels. The weather has private analysts boosting yield expectations by sever...

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