World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS Saudi Arabia and the UAE have announced that they will provide more wheat to Sudan – a total of 540,000 MT of wheat has been pledged with more than 200,000 MT shipped to date. Both countries have set up an aid package of about $3 billion for the economic and financial stability of Sudan.  The latest FAO report on Saudi Arabia forecasts that cereal imports will increase about 15 percent to 17.4 million MT – barley at 7.7 MMT and corn at 5.2 MMT along with wheat at about 3.2 MMT and rice at 1.3 MMT. Saudi’s local grain production will reach 1.0 MMT – 700,000 MT of wheat, 180,000 MT of sorghum and about 90,000 MT of corn. Wheat production is up by 200,000 MT due to the new gover...

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feed-grains soy-oilseeds wheat

Market Commentary: Lots of Uncertainties Except Certain Problems with China

There was no reversal of yesterday’s decline in commodity markets. The trend is your friend, and that beat out thoughts of a technical reversal. The market was down at the open and then came even more bearish outside influences.  Commodity and financial market prices plunged as the t...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, down $0.0525 from yesterday's close.  Dec 25 Wheat closed at $4.985/bushel, down $0.08 from yesterday's close.  Nov 25 Soybeans closed at $10.0675/bushel, down $0.155 from yesterday's close.  Dec 25 Soymeal closed at $275/short ton, down $1.9 f...

Reconciliation Bill Increases Crop Payments

The reconciliation bill signed into law on 4 July, aka the One Big Beautiful Bill, increased statutory reference prices under the Agricultural Risk Payments (ARC) and Price Loss Coverage (PLC) programs and made some changes to the effective reference prices (ERP) which are used to calculate pay...

feed-grains soy-oilseeds wheat

Market Commentary: Lots of Uncertainties Except Certain Problems with China

There was no reversal of yesterday’s decline in commodity markets. The trend is your friend, and that beat out thoughts of a technical reversal. The market was down at the open and then came even more bearish outside influences.  Commodity and financial market prices plunged as the t...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, down $0.0525 from yesterday's close.  Dec 25 Wheat closed at $4.985/bushel, down $0.08 from yesterday's close.  Nov 25 Soybeans closed at $10.0675/bushel, down $0.155 from yesterday's close.  Dec 25 Soymeal closed at $275/short ton, down $1.9 f...

Reconciliation Bill Increases Crop Payments

The reconciliation bill signed into law on 4 July, aka the One Big Beautiful Bill, increased statutory reference prices under the Agricultural Risk Payments (ARC) and Price Loss Coverage (PLC) programs and made some changes to the effective reference prices (ERP) which are used to calculate pay...

soy-oilseeds

What Spreads and Basis Are Saying About Soybean Exports

The government shutdown has entered its tenth day, leaving the grain markets without two weeks of export data. Fortunately, the USDA AMS and FGIS continue to publish the weekly Export Inspections report, leaving the grain industry not totally blind to exports. Even so, that report covers only a...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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