World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Iran is reported to be the largest buyer of grain from Russia in the first three months of MY 2021/22. Shipments to Iran are: 3.7 MMT – 3.1 MMT of wheat, 392,000 MT of barley and 215,000 MT of corn.  Egypt’s grain crops, according to the USDA-FAS Cairo office, will be steady for 2021/22 with wheat production at about 9 MMT and wheat imports at 12.4 MMT. Corn production is 7.4 MMT, up by 1 MMT, with imports down 400,000 MT to 9.3 MMT.  Turkey is the second largest buyer of Russian grain from July to September with a total of 3.5 MMT – 2.87 MMT of wheat, 569,000 MT of barley, and 73,000 MT of corn. Egypt is the third largest Russian buyer with a tota...

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WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: Diminishing Energy Impacts on CBOT Trade

Tuesday’s energy markets took back about half of Monday’s losses as tensions in the Arab Gulf flared again, despite recent announcements of diplomatic talks and a five-day cooling-down period from the U.S. Overnight, Iran and Israel launched new rounds of attacks on each other, and...

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feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.625/bushel, up $0.03 from yesterday's close.  May 26 Wheat closed at $5.9/bushel, up $0.0225 from yesterday's close.  May 26 Soybeans closed at $11.55/bushel, down $0.085 from yesterday's close.  May 26 Soymeal closed at $322.4/short ton, down $4.2 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Diminishing Energy Impacts on CBOT Trade

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Thune Introduces Fertilizer Price Reporting Bill

The war in Iran has brought the four-year simmering focus on fertilizer prices to a quick boil.  Senate Majority Leader John Thune (R-South Dakota) introduced the Fertilizer Transparency Act, cosponsored by Amy Klobuchar (D-Minnesota), Chuck Grassley (R-Iowa), and Tammy Baldwin (D-Wisconsi...

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