World Perspectives
feed-grains soy-oilseeds

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Iraq says it intends to tender for 500,000 MT of wheat in December 2021 or early 2022. The tender will cover all wheat needs until the next harvest in May 2022. Pakistan may have given approval to the transport of Indian wheat, by road, to Afghanistan but news stories are very confusing --- some say approval has been given while other say no. The Afghan foreign minister is said to have been assured that transportation will be allowed but other reports say that it is just being “favorably considered” Pakistan is shipping 10,000 MT of wheat flour to Afghanistan on the behalf of the World Food Program. Shipment is set to begin in the near future. The Turkish lira co...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Chop and Drop

Markets continue to chop around looking for some determinant of direction. In the absence of official reports, yesterday’s firmer PNW soybean basis levels provided a brief uplift but that faltered today. China gets mentioned as a possible source of the phantom demand but that seems politi...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1825/bushel, down $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.065/bushel, down $0.0075 from yesterday's close.  Nov 25 Soybeans closed at $10.2225/bushel, down $0.0725 from yesterday's close.  Dec 25 Soymeal closed at $276.9/short ton, down...

feed-grains soy-oilseeds wheat

Market Commentary: Corn, Soy Firm on Bull Spreading (and Exports?); Cattle Hit New Highs

The CBOT was mostly firmer on Wednesday with rumors circulating that export business is getting done – perhaps aggressively – without the USDA to publish the daily “flash” export sales report. Bull spreading in corn and soybeans likely belies this activity, as does the r...

feed-grains soy-oilseeds wheat

Market Commentary: Chop and Drop

Markets continue to chop around looking for some determinant of direction. In the absence of official reports, yesterday’s firmer PNW soybean basis levels provided a brief uplift but that faltered today. China gets mentioned as a possible source of the phantom demand but that seems politi...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1825/bushel, down $0.0375 from yesterday's close.  Dec 25 Wheat closed at $5.065/bushel, down $0.0075 from yesterday's close.  Nov 25 Soybeans closed at $10.2225/bushel, down $0.0725 from yesterday's close.  Dec 25 Soymeal closed at $276.9/short ton, down...

feed-grains soy-oilseeds wheat

Market Commentary: Corn, Soy Firm on Bull Spreading (and Exports?); Cattle Hit New Highs

The CBOT was mostly firmer on Wednesday with rumors circulating that export business is getting done – perhaps aggressively – without the USDA to publish the daily “flash” export sales report. Bull spreading in corn and soybeans likely belies this activity, as does the r...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.22/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.0725/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.295/bushel, up $0.075 from yesterday's close.  Dec 25 Soymeal closed at $278/short ton, up $1.1 from yes...

Image
From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up