World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Grain information and activity in the MEA region was reduced greatly this past week as it was the first week of Ramadan with reduced working hours for businesses, banks and government offices.   Pakistan flour mills are said to be mixing maize and rice flour with wheat during milling in order to reduce costs. Analysis of some wheat flour has shown below standard qualities. Local maize prices are about half the price of wheat which makes the adulteration very profitable for the millers. Blending of up to 10 percent maize/rice flour is said to be common.  Tunisia is forecast by USDA-FAS to import 555,000 MT of soybeans in 2024/25 along with 12...

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feed-grains soy-oilseeds wheat

Market Commentary: Year End Rally in Corn and Beans

The day’s trading started out hum and glum. Corn and soybean contracts moved modestly like their overnight closes and stayed marginal for most of the day. Soyoil was continuing its recent mostly negative run. Wheat never went anywhere important, high or low.  Then there was a breakout late...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.585/bushel, up $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.515/bushel, up $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.105/bushel, up $0.1875 from yesterday's close. Mar 25 Soymeal closed at $316.9/short ton, up $5.1 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: Year-End Maneuvering

On this penultimate day of trading in 2024, there were ups, downs and perhaps some profit-taking. Like the overnight, grains and soybeans opened higher this morning. However, by late morning most contracts dipped lower and then the soy complex, SRW and HRW managed to snag a higher close at the...

feed-grains soy-oilseeds wheat

Market Commentary: Year End Rally in Corn and Beans

The day’s trading started out hum and glum. Corn and soybean contracts moved modestly like their overnight closes and stayed marginal for most of the day. Soyoil was continuing its recent mostly negative run. Wheat never went anywhere important, high or low.  Then there was a breakout late...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.585/bushel, up $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.515/bushel, up $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.105/bushel, up $0.1875 from yesterday's close. Mar 25 Soymeal closed at $316.9/short ton, up $5.1 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: Year-End Maneuvering

On this penultimate day of trading in 2024, there were ups, downs and perhaps some profit-taking. Like the overnight, grains and soybeans opened higher this morning. However, by late morning most contracts dipped lower and then the soy complex, SRW and HRW managed to snag a higher close at the...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.5225/bushel, down $0.0175 from yesterday's close. Mar 25 Wheat closed at $5.4825/bushel, up $0.0175 from yesterday's close. Mar 25 Soybeans closed at $9.9175/bushel, up $0.02 from yesterday's close. Mar 25 Soymeal closed at $311.8/short ton, up $1.3 from...

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