World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Morocco’s rainfall has increased this year after the last two/three years of drought. Water supplies are increasing behind dams and in reservoirs, but experts say it could take a few years of normal rain to get all water levels back to where they were before the drought. There is also concern that increased water usage by agriculture could limit water level recovery. Morocco announced that its new soft wheat import subsidy program will run from 1 May until 31 December 2025 to overcome the effects of the drought of the past two years. The existing soft wheat import subsidy program will end on 30 April. Tunisia’s Office des Cereales (ODC) is planning to build a tota...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.295/bushel, up $0.0625 from yesterday's close.  Dec 25 Wheat closed at $5.34/bushel, up $0.09 from yesterday's close.  Nov 25 Soybeans closed at $10.4975/bushel, up $0.07 from yesterday's close.  Dec 25 Soymeal closed at $286.1/short ton, up $0.4 from yes...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey’s courts have surprised the grain/oilseed industry by ruling that an arbitration award like a recent one on a FOSFA contract cannot be enforced in Turkey. This decision will be of concern to sellers and buyers using b...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.295/bushel, up $0.0625 from yesterday's close.  Dec 25 Wheat closed at $5.34/bushel, up $0.09 from yesterday's close.  Nov 25 Soybeans closed at $10.4975/bushel, up $0.07 from yesterday's close.  Dec 25 Soymeal closed at $286.1/short ton, up $0.4 from yes...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey’s courts have surprised the grain/oilseed industry by ruling that an arbitration award like a recent one on a FOSFA contract cannot be enforced in Turkey. This decision will be of concern to sellers and buyers using b...

feed-grains soy-oilseeds wheat

Market Commentary: Waiting for Confirmation or Contradiction

The CBOT was mostly in the red to start the week with the bullishness from Friday’s WASDE report failing to trigger enthusiasm from bulls this week. Corn and soybeans both tried to rally and follow Friday’s bullish action, but quickly triggered farmer/hedge selling and profit taking...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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