World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Eid Holidays Muslim countries in the region will be closed for the Eid Al Adha religious celebrations from 18-22 July in most countries. Egypt Project Funding Egypt has announced that it has received international financing in the amount of $476 million for the financing of 17 agricultural projects. The funding is largely from the FAO, the Kuwait Fund for Arab Economic Development, the International Fund for Agricultural Development, and the Saudi Fund for Development. Projects will be in 22 areas in Egypt and will include irrigation, land reclamation, farm productivity, product marketing, advance storage techniques, desalination, and on and on – a very broad range of...

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feed-grains soy-oilseeds wheat

Market Commentary: Sell The Fact Trade Drives Turnaround Tuesday

The big news in commodity markets Tuesday was USDA’s confirmation that China purchased nearly 800 KMT of soybeans from the U.S. on Monday. That news was corroborated by news stories saying China booked over 20 cargoes from the PNW and Gulf with basis levels rising in both locations as if...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3675/bushel, up $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.59/bushel, up $0.005 from yesterday's close.  Jan 26 Soybeans closed at $11.535/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $327/short ton, down $3.8 from...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Suez Canal revenue is reportedly up by 14.2 percent in the last four months due to “calmer conditions” in the Red Sea. Vessels using the canal during that period were at 4,405 with total cargo at 167.6 MM...

feed-grains soy-oilseeds wheat

Market Commentary: Sell The Fact Trade Drives Turnaround Tuesday

The big news in commodity markets Tuesday was USDA’s confirmation that China purchased nearly 800 KMT of soybeans from the U.S. on Monday. That news was corroborated by news stories saying China booked over 20 cargoes from the PNW and Gulf with basis levels rising in both locations as if...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3675/bushel, up $0.02 from yesterday's close.  Mar 26 Wheat closed at $5.59/bushel, up $0.005 from yesterday's close.  Jan 26 Soybeans closed at $11.535/bushel, down $0.0375 from yesterday's close.  Dec 25 Soymeal closed at $327/short ton, down $3.8 from...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Suez Canal revenue is reportedly up by 14.2 percent in the last four months due to “calmer conditions” in the Red Sea. Vessels using the canal during that period were at 4,405 with total cargo at 167.6 MM...

feed-grains soy-oilseeds wheat

Market Commentary: Bulls Win Post-WASDE Standoff

Monday’s CBOT trade quickly erased any hints of weakness that emerged during Friday’s post-WASDE selloff. The WASDE itself was – in WPI’s view – either bearish or neutral the major commodities, but futures didn’t see it that way on Monday. The soybean and soy...

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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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