World Perspectives
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05 July 2022 – Commentary

Middle East, Mediterranean and Africa Regional Analysis

By WPI Staff for Ag Perspectives

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Turkey has been asked by the Ukraine to seize a vessel from Russia with 7,000 MT of Ukraine wheat that is going to a Turkish port. Reports are the vessel has been “detained” by Turkish authorities. The vessel was loaded and sailed from an invaded Ukraine port. Turkey reportedly said it can/will re-export grains from Russia and Ukraine to “countries in need”. It has added that 20 Turkish vessels are available to take part in any grain program. Turkey has had discussions with both Russia and Ukraine Turkey has seen the highest food inflation in years with prices up by 92 percent on average over the past 12 months. The Turkish agricult...

TAGS – Feed Grains, Soy & Oilseeds, Middle East & Africa
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WASDE Soybeans – June 2025

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USDA’s outlook for 2025/26 U.S. soybeans is lower ending stocks compared with 2024/25. U.S. soybean crush for 2025/26 is projected at 2.49 billion bushels, up 70 million from the 2024/25 as higher soybean meal disappearance increases 2 percent due to greater pork and poultry production. I...

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WASDE Corn – June 2025

By Staff for Commodity Analytics

USDA’s outlook for 2025/26 U.S. corn is for record supplies to create higher ending stocks. The corn crop is projected at 15.8 billion bushels, up 6 percent from a year ago due to increases in both area and yield. Planted area is estimated to be 95.3 million acres and yield is projected t...

TAGS – Feed Grains, Black Sea, China, North America, South America, Russia
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WASDE Wheat – June 2025

By Staff for Commodity Analytics

USDA’s outlook for 2025/26 U.S. wheat is for yields to average 51.6 bushels per acre, which is up 0.4 bushels from last year. Hard Red Winter and White account for most of the increase. Total 2025/26 domestic use is a record 977 million bushels, mostly on food use. Exports are projected l...

TAGS – Wheat, Australia, Asia, Black Sea, China, Europe, India
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WASDE Soybeans – June 2025

By Staff for Commodity Analytics

USDA’s outlook for 2025/26 U.S. soybeans is lower ending stocks compared with 2024/25. U.S. soybean crush for 2025/26 is projected at 2.49 billion bushels, up 70 million from the 2024/25 as higher soybean meal disappearance increases 2 percent due to greater pork and poultry production. I...

TAGS – Soy & Oilseeds, China, Europe, India, North America, South America
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13 June 2025 – Analytics

WASDE Corn – June 2025

By Staff for Commodity Analytics

USDA’s outlook for 2025/26 U.S. corn is for record supplies to create higher ending stocks. The corn crop is projected at 15.8 billion bushels, up 6 percent from a year ago due to increases in both area and yield. Planted area is estimated to be 95.3 million acres and yield is projected t...

TAGS – Feed Grains, Black Sea, China, North America, South America, Russia
wheat
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WASDE Wheat – June 2025

By Staff for Commodity Analytics

USDA’s outlook for 2025/26 U.S. wheat is for yields to average 51.6 bushels per acre, which is up 0.4 bushels from last year. Hard Red Winter and White account for most of the increase. Total 2025/26 domestic use is a record 977 million bushels, mostly on food use. Exports are projected l...

TAGS – Wheat, Australia, Asia, Black Sea, China, Europe, India
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Summary of Futures

By Staff for Commodity Analytics

Jul 25 Corn closed at $4.445/bushel, up $0.06 from yesterday's close.  Jul 25 Wheat closed at $5.4375/bushel, up $0.1725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0.275 from yesterday's close.  Jul 25 Soymeal closed at $291.9/short ton, down $2.6 fro...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, Equities, Energy, North America
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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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