World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  MEA region grain importers will face lower Russian export quotas in 2022 – 8 MMT of wheat and a total of 3 MMT for barley, corn, and rye. The initial quota period is from 15 February to 30 June and is a decrease over the original projected total quota number of 14 MMT, 9 MMT of which was expected to be wheat. The 2021 quota was much higher for the same period at 17.5 MMT. Much lower wheat production and high exports tariffs are the main reason for the lower export quota. Pakistan agriculture experts said the 2022 wheat crop could be smaller than anticipated due to a shortage of urea fertilizer in major growing areas. Urea has been sold to traders at much higher prices th...

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feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Rally as China Cuts Tariffs; Cattle Implosion Continues

Trade was once again at the forefront of the CBOT’s trade on Wednesday, with reductions in Chinese tariffs, rumors of Chinese buying, and a dimming political outlook for President Trump’s tariff regime being the most salient factors.  China announced today that it will cut tari...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3525/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.5475/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $324.8/short ton, up $7.4 fr...

FOB Prices and Freight Rates App (Updated 5 November)

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

Market Commentary: Soybeans Rally as China Cuts Tariffs; Cattle Implosion Continues

Trade was once again at the forefront of the CBOT’s trade on Wednesday, with reductions in Chinese tariffs, rumors of Chinese buying, and a dimming political outlook for President Trump’s tariff regime being the most salient factors.  China announced today that it will cut tari...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3525/bushel, up $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.5475/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $324.8/short ton, up $7.4 fr...

FOB Prices and Freight Rates App (Updated 5 November)

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

Black Sea Regional Analysis

Russian Grains Market: 27–31 October 2025 The Russian grains market remained predominantly bearish during the final week of October, with only brief recoveries in select regions. Despite improving monthly export volumes, demand continues to lag behind the export surplus. The season began...

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