World Perspectives
wheat

Squeezing Russian Wheat; Save the Rats; Rollins Delayed

Squeezing Russia with WheatEurope is afraid that Donald Trump is ready to capitulate to Vladimir Putin next week when he becomes president. But Trump has appointed a fair number of geopolitical hawks to his team. He may see the war as senseless, but he doesn’t want to be perceived as a loser. Russia’s main revenues funding the war come from fossil fuels and food exports, mostly wheat. U.S. oil production increased under Joe Biden and sanctions are now squeezing the use of ghost ships to move Russian oil. The price of Brent crude has now fallen 30 percent since the Russian invasion and Donald Trump says he is going to increase U.S. energy production. Russia’s war-based economy is said to be a house of cards with inflation spiking and in...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s government purchased 3.93 MMT of local wheat from this year’s harvest an increase from last year’s 3.43 MMT purchase. The government had originally targeted a very enthusiastic 5.0 MMT. The local wheat ha...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Defies Red Trend at CBOT

The CBOT started the new week on a mixed note with wheat and soybeans turning lower while corn strengthened for the fourth straight day. Technical action was mixed as funds covered corn shorts but expanded bearish positions in wheat and, to a lesser extent, the soy complex. Fresh news was light...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.065/bushel, up $0.0125 from yesterday's close.  Sep 25 Wheat closed at $5.0275/bushel, down $0.0375 from yesterday's close.  Nov 25 Soybeans closed at $10.4125/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $291.8/short ton, down $...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s government purchased 3.93 MMT of local wheat from this year’s harvest an increase from last year’s 3.43 MMT purchase. The government had originally targeted a very enthusiastic 5.0 MMT. The local wheat ha...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Defies Red Trend at CBOT

The CBOT started the new week on a mixed note with wheat and soybeans turning lower while corn strengthened for the fourth straight day. Technical action was mixed as funds covered corn shorts but expanded bearish positions in wheat and, to a lesser extent, the soy complex. Fresh news was light...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.065/bushel, up $0.0125 from yesterday's close.  Sep 25 Wheat closed at $5.0275/bushel, down $0.0375 from yesterday's close.  Nov 25 Soybeans closed at $10.4125/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $291.8/short ton, down $...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 18 August)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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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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