World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9 - 13 January 2023    The Russian Statistics Agency (RosStat) has adjusted preliminary crop size numbers for the 2022 crop. Overall, grain production numbers were adjusted upwards reaching 153.83 MMT versus the previous 150.985 MMT. Wheat production was adjusted to 104.44 MMT (102.7 MMT), barley to 23.45 MMT (22.88 MMT) and corn to 11.78 MMT (11.68 MMT). Bunker weight, or weight before dockage and drying at the elevator, showed 160.597 MMT which means that losses were 4.2 percent versus 4.4 percent a year ago. However, these numbers are not final; at the end of February the final data will be published. Intervention purchasing froze at 3.123 MMT and chances for extension of this governmental program in t...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 5-11, 2024 Wheat:  Net sales reductions of 93,600 metric tons (MT) for 2023/2024 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 487,800 MT were down 22 percent from the previous week, but unchanged fro...

feed-grains soy-oilseeds wheat

Market Commentary: Looking for Market Movers

The bearishness continues as South America crops loom and Northern Hemisphere weather is stable. The impending flood of Argentine soymeal and soyoil onto the market sent the May soyoil contract to a new low.  There was nothing in today’s weekly USDA Export Sales report to alter the...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.2675/bushel, down $0.035 from yesterday's close.  Jul 24 Wheat closed at $5.53/bushel, up $0.0075 from yesterday's close.  May 24 Soybeans closed at $11.3425/bushel, down $0.1525 from yesterday's close.  May 24 Soymeal closed at $338/short ton, down $0.7...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 5-11, 2024 Wheat:  Net sales reductions of 93,600 metric tons (MT) for 2023/2024 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 487,800 MT were down 22 percent from the previous week, but unchanged fro...

feed-grains soy-oilseeds wheat

Market Commentary: Looking for Market Movers

The bearishness continues as South America crops loom and Northern Hemisphere weather is stable. The impending flood of Argentine soymeal and soyoil onto the market sent the May soyoil contract to a new low.  There was nothing in today’s weekly USDA Export Sales report to alter the...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.2675/bushel, down $0.035 from yesterday's close.  Jul 24 Wheat closed at $5.53/bushel, up $0.0075 from yesterday's close.  May 24 Soybeans closed at $11.3425/bushel, down $0.1525 from yesterday's close.  May 24 Soymeal closed at $338/short ton, down $0.7...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Fall while Oilseeds Gain; Oil Falls on U.S. Stocks, Chinese Economy

The CBOT was mixed on Wednesday with wheat futures dropping amid fund selling due to a stronger U.S. dollar and easing Russian FOB offers while corn drifted lower in lackluster, low-volume trade. While the grains were on the defensive, the soy complex found some support from technically related...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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