World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 2–6 September 2024 The Russian grain market is finally showing bullish sentiments. Adverse weather in Russia this season concerns many analysts, and they are one after another decreasing their forecasts for overall grain production. Exact numbers are hard to figure as Russia continues “importing” grain from occupied territories of Ukraine which are next to impossible to track.  Currently, Altay, Novosibirsk, and Kemerovo (Siberian regions) cannot proceed with harvesting because of extended rains which may further decrease wheat quality and impact yields. Some Russian analysts decreased the crop forecast by 2 MMT down to 126 MMT. They see two reasons behind lower production: a) smaller cropped...

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feed-grains soy-oilseeds wheat

Market Commentary: Bears Gain Control; Soybeans End Below $10, Corn Breaks Support

Bears regained control of the CBOT ag market trade on Monday, seemingly not because of the WASDE but rather because of shifting weather forecasts and apparently receding threats. The weather in South America is trending more favorably for the corn and soybean crops down there, and showers in th...

feed-grains wheat soy-oilseeds

European Market Analysis

Regional News  Political tensions between Algeria and France reportedly prompted the former country to exclude its traditionally favored European trading partner from a recent wheat purchase tender. Algeria in its latest tender specifically requested no submissions from France and purchase...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  After weeks of anticipation, rains finally arrived in the most needed areas of Argentina. At the beginning of the week, the central and northern parts of Córdoba, central and northern Santa Fe, and parts of Entre Ríos received significant rainfall. Toward the end of th...

feed-grains soy-oilseeds wheat

Market Commentary: Bears Gain Control; Soybeans End Below $10, Corn Breaks Support

Bears regained control of the CBOT ag market trade on Monday, seemingly not because of the WASDE but rather because of shifting weather forecasts and apparently receding threats. The weather in South America is trending more favorably for the corn and soybean crops down there, and showers in th...

feed-grains wheat soy-oilseeds

European Market Analysis

Regional News  Political tensions between Algeria and France reportedly prompted the former country to exclude its traditionally favored European trading partner from a recent wheat purchase tender. Algeria in its latest tender specifically requested no submissions from France and purchase...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat  After weeks of anticipation, rains finally arrived in the most needed areas of Argentina. At the beginning of the week, the central and northern parts of Córdoba, central and northern Santa Fe, and parts of Entre Ríos received significant rainfall. Toward the end of th...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0825/bushel, down $0.075 from yesterday's close.  Dec 24 Wheat closed at $5.8525/bushel, down $0.1375 from yesterday's close.  Nov 24 Soybeans closed at $9.96/bushel, down $0.095 from yesterday's close.  Dec 24 Soymeal closed at $315.3/short ton, up $0.2...

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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