World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION North Africa is said to be the largest wheat importing region in the world according to a recent report and the GRO Drought Index. Wheat import by the region in 2023/24 will be the highest in seven years with wheat stocks in Morocco, Algeria and Tunisia at 10 year lows. The increase in imports is due to the 50 percent plus drop in rainfall in Morocco, Algeria and Tunisia. While there has been some recent rainfall in the region it has not been enough to rebuild the soil moisture levels. Egypt has not seen the same levels of drought and Libya produces very little wheat. Egypt’s grain imports are expected to drop slightly in 2023/24 to 20 MMT, according...

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feed-grains soy-oilseeds wheat

Market Commentary: Tick Tock on South American Weather

TikTok is still operating but the tick tock on South American will eventually run out of time. Notable developments today included a lower open, but still plenty of strength. Corn remains up about a nickel for the week, beans up more than 30-cents and while wheat dipped today, the large gains l...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8975/bushel, up $0.055 from yesterday's close.  Mar 25 Wheat closed at $5.54/bushel, up $0 from yesterday's close.  Mar 25 Soybeans closed at $10.655/bushel, up $0.095 from yesterday's close.  Mar 25 Soymeal closed at $315.3/short ton, down $0.5 from yest...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat on Profit Taking, Tariff Talk; Cattle Hit $200 for First Time

Except for soymeal and the livestock markets, the CBOT was lower on Wednesday with traders booking profits and taking a more cautious approach after the recent runup in prices. Too, rhetoric out of the White House is keeping traders guessing on the possible application of and retaliation to var...

feed-grains soy-oilseeds wheat

Market Commentary: Tick Tock on South American Weather

TikTok is still operating but the tick tock on South American will eventually run out of time. Notable developments today included a lower open, but still plenty of strength. Corn remains up about a nickel for the week, beans up more than 30-cents and while wheat dipped today, the large gains l...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8975/bushel, up $0.055 from yesterday's close.  Mar 25 Wheat closed at $5.54/bushel, up $0 from yesterday's close.  Mar 25 Soybeans closed at $10.655/bushel, up $0.095 from yesterday's close.  Mar 25 Soymeal closed at $315.3/short ton, down $0.5 from yest...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat on Profit Taking, Tariff Talk; Cattle Hit $200 for First Time

Except for soymeal and the livestock markets, the CBOT was lower on Wednesday with traders booking profits and taking a more cautious approach after the recent runup in prices. Too, rhetoric out of the White House is keeping traders guessing on the possible application of and retaliation to var...

feed-grains soy-oilseeds wheat

Summary of Futures

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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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