World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for February 16-22, 2024. Wheat:  Net sales of 327,300 metric tons (MT) for 2023/2024 were up 40 percent from the previous week and 2 percent from the prior 4-week average. Export shipments of 538,700 MT were up 44 percent from the previous week and 58 percent from the prior 4-week average. The destinations were primarily to Japan (137,600 MT), the Philippines (112,200 MT), China (56,900 MT), Mexico (51,900 MT), and Egypt (36,700 MT). Corn:  Net sales of 1,082,300 MT for 2023/2024 were up 32 percent from the previous week, but down 5 percent from the prior 4-week average. Export shipments of 1,216,200 MT were up 19 percent from the previous week and 34 percent from the prior 4-week average. The destina...

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soy-oilseeds

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5125/bushel, down $0.065 from yesterday's close.  May 25 Wheat closed at $5.3525/bushel, down $0.08 from yesterday's close.  May 25 Soybeans closed at $10.01/bushel, down $0.0075 from yesterday's close.  May 25 Soymeal closed at $293.6/short ton, down $1...

soy-oilseeds

Oilseed Highlights: Soyoil, Rapeseed Rally on Demand Surge

The Market  The big movement in oilseed markets this week is the rally in soyoil futures, which are up 4 percent from last week. The market has rallied due to its large discount against palm oil futures and recent gains in rapeseed prices that are supporting oilseed and vegoils broadly. U...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Fall on Acreage, Stocks Expectations; Soyoil Scores Bullish Breakout

The CBOT bears were in control of markets again on Wednesday and drove corn and wheat futures lower with significant technical developments. Fresh news remains light but the justification for the day’s declines were expectations for USDA to report expanded corn area and larger wheat stock...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.5125/bushel, down $0.065 from yesterday's close.  May 25 Wheat closed at $5.3525/bushel, down $0.08 from yesterday's close.  May 25 Soybeans closed at $10.01/bushel, down $0.0075 from yesterday's close.  May 25 Soymeal closed at $293.6/short ton, down $1...

Trade War Maneuvering; MAHA HaHa; Russian Grain Agreement

Trade War Maneuvering Wall Street trading sank lower on word that the White House will announce today tariffs on automobile imports. While some U.S. farm groups are asking for import protections, others are advising a more strategic trade approach that opens up overseas markets. It is reported...

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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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