World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Syria’s grain production was down by 17 percent in 2024 and due to dry weather and security production does not look any better for 2025, all according to the latest FAO report on Syria. In 2024, wheat production was at 1.9 MMT, barley 1.1 MMT, and maize 350,000 MT – about 55 percent of total consumption. Farmers have reduced cereal planting and switched to higher value spice type crops. Cereal imports are expected to be close to 2.5 MMT with most being wheat imports for bread production. Egypt is developing plans for recycling as much as 65 MMT of agricultural and food waste into feed stock for animals. Egypt currently imports as much as 90 percent of the grain an...

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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

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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