World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

In light of recent action taken by Egypt's government regarding a certain tax together with the need to purchase feed ingredients, medicines, etc. from outside the country, the  local poultry industry there says that it will have difficulty competing price-wise with imported chicken. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS A recent International Grains Council (IGC) report states that Turkey is the world’s single largest exporter ever of wheat flour and accounts for 32.5 percent of global shipments totaling 15.2 MMT. The second-largest is Kazakhstan at 2.5 MMT, well below Turkey’s 4.1 MMT. Iraq is the largest flour importer at 2.3 MMT, followed by Afghanistan at 1.8 MMT and Uzbekistan with 1 MMT. As a matter of interest,...

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FOB Prices and Freight Rates App (Updated 15 November)

Ocean Freight Comments - 15 November 2024By Matt HerringtonDry bulk freight markets were mixed this week with Capes rising while Supramax vessel rates declined yet again. The Capesize sector found support from China’s recent efforts to stockpile coal and iron ore, but this support has not yet t...

feed-grains soy-oilseeds wheat

Market Commentary: Biofuel and Trade Policy Worries Pressure CBOT along with Dollar Strength

The CBOT saw another day of pronounced weakness with expectations for larger global soybean and wheat production and stocks in 2025 weighing on values. Product demand in the soy complex has also been a huge negative factor recently with uncertainty over U.S. biofuels policy causing a sharp redu...

soy-oilseeds

Oilseed Highlights: Multi-Bearish Factors

The MarketThe January soybean contract has been sliding all week and despite support at the 20-day moving average of $10.01/ST, it closed today below $10/bushel for the first time this month. The reasons are many including: a rising dollar value, 2) large impending South American production, 3)...

FOB Prices and Freight Rates App (Updated 15 November)

Ocean Freight Comments - 15 November 2024By Matt HerringtonDry bulk freight markets were mixed this week with Capes rising while Supramax vessel rates declined yet again. The Capesize sector found support from China’s recent efforts to stockpile coal and iron ore, but this support has not yet t...

feed-grains soy-oilseeds wheat

Market Commentary: Biofuel and Trade Policy Worries Pressure CBOT along with Dollar Strength

The CBOT saw another day of pronounced weakness with expectations for larger global soybean and wheat production and stocks in 2025 weighing on values. Product demand in the soy complex has also been a huge negative factor recently with uncertainty over U.S. biofuels policy causing a sharp redu...

soy-oilseeds

Oilseed Highlights: Multi-Bearish Factors

The MarketThe January soybean contract has been sliding all week and despite support at the 20-day moving average of $10.01/ST, it closed today below $10/bushel for the first time this month. The reasons are many including: a rising dollar value, 2) large impending South American production, 3)...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

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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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