World Perspectives
wheat

Wheat Futures Up 30 Cents on Russia Export Ban Rumors

CBOT and KCBT wheat futures are sharply higher in early morning trade after news broke that Russia may seek to suspend wheat and sunflower oil exports amid low prices. The Russian government is reportedly considering a temporary halt to shipments in an effort to support local prices. The Russian newspaper Vedomosti Business Daily, which seems to be the origin of the story, cited two unidentified sources who attended a government meeting on the topic. Dow Jones reported that the government may also seek to temporarily increase its export tariffs on wheat and other agricultural products.  Russian sunflower oil prices have fallen more than 20 percent in the past 10 days, according to the Vedomosti Business Daily, and WPI’s research...

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feed-grains soy-oilseeds wheat

Market Commentary: Comfortable, With Jitters

There was generally low volume in grains today as traders await USDA’s important reports on Friday. There is no reason to spend more money on fees or commissions after spending several days aligning with the perceived outcomes. At the same time, market noise does not completely stop and there i...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.54/bushel, down $0.04 from yesterday's close. Mar 25 Wheat closed at $5.3625/bushel, down $0.0625 from yesterday's close. Mar 25 Soybeans closed at $9.945/bushel, down $0.0275 from yesterday's close. Mar 25 Soymeal closed at $300.8/short ton, down $2.7 fr...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 30 December 2024 – 3 January 2025As of the end of 2024, Russian Statistics Agency (RosStat) statistics show “preliminary” grain crop size at 124.96 MMT without including occupied territories of Ukraine, but including annexed Crimea. RosStat can issue “preliminary” updates...

feed-grains soy-oilseeds wheat

Market Commentary: Comfortable, With Jitters

There was generally low volume in grains today as traders await USDA’s important reports on Friday. There is no reason to spend more money on fees or commissions after spending several days aligning with the perceived outcomes. At the same time, market noise does not completely stop and there i...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.54/bushel, down $0.04 from yesterday's close. Mar 25 Wheat closed at $5.3625/bushel, down $0.0625 from yesterday's close. Mar 25 Soybeans closed at $9.945/bushel, down $0.0275 from yesterday's close. Mar 25 Soymeal closed at $300.8/short ton, down $2.7 fr...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 30 December 2024 – 3 January 2025As of the end of 2024, Russian Statistics Agency (RosStat) statistics show “preliminary” grain crop size at 124.96 MMT without including occupied territories of Ukraine, but including annexed Crimea. RosStat can issue “preliminary” updates...

Trudeau Resigns as Canadian Prime Minister

On the campaign trail in 2024, then-candidate and now President-elect Donald Trump proposed to levy tariffs of 10 to 20 percent on all imports, and 60 percent on imports from China. Then on the week of Thanksgiving, that changed to 25 percent tariffs on Canada and Mexico, and an additional 10 p...

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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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