World Perspectives
feed-grains soy-oilseeds wheat

Ukraine's Limited Choices

Much like U.S. farmers, Ukrainian producers prefer to plant the most profitable crops. This is especially true when considering Ukraine’s farmers are reportedly losing $50/MT on corn. The preference is to grow soybeans, and output of the oilseed increased nearly 27 percent in 2023. However, they reportedly lack the money and technology for a large shift away from corn and into soybeans.  The easier transition may be into more sunflower seed since they likely already own the seeds and the technology. Although wheat production increased nearly 9 percent last year and remains below pre-war levels, the crop puts Ukraine in direct competition with Russia, and Moscow will ensure that it is a decidedly unprofitable crop for Ukraine to...

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feed-grains soy-oilseeds wheat

Market Commentary: Corn Reversal Continues; Weather, Conditions Ratings Sink Soybeans

The big move at the CBOT Tuesday was a 1¾-cent gain in December corn futures – which isn’t much but that the development followed Monday’s bullish reversal is. The strength in new crop corn defies much of the fundamental outlook and suggests traders are sensing somethin...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0175 from yesterday's close.  Sep 25 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.0175/bushel, down $0.0525 from yesterday's close.  Dec 25 Soymeal closed at $279.5/short ton, down $2...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s annual inflation level is at 14.4 percent in the latest month, down from 16.5 percent the previous month.  Egypt’s target for 65 percent self-sufficiency in wheat in 2025 has been revised by the government...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Reversal Continues; Weather, Conditions Ratings Sink Soybeans

The big move at the CBOT Tuesday was a 1¾-cent gain in December corn futures – which isn’t much but that the development followed Monday’s bullish reversal is. The strength in new crop corn defies much of the fundamental outlook and suggests traders are sensing somethin...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0175 from yesterday's close.  Sep 25 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.0175/bushel, down $0.0525 from yesterday's close.  Dec 25 Soymeal closed at $279.5/short ton, down $2...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s annual inflation level is at 14.4 percent in the latest month, down from 16.5 percent the previous month.  Egypt’s target for 65 percent self-sufficiency in wheat in 2025 has been revised by the government...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Posts Bullish Reversal while Soy, Wheat Slip Lower

Monday’s trade at the CBOT was interesting with corn, soybeans, and wheat all rallying off fresh contract or selloff lows overnight, but only corn holding onto those gains by the closing bell. For corn futures, the market seemed to be more focused on the USDA’s ending stocks figure...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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