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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS: As had been rumored in recent weeks, Iran, Russia and Kazakhstan have now signed an official “memorandum of understanding” for the import of Russian and Kazakh wheat. However, according to the deputy Ag Minister the agreement will be temporary. Iran will also become a member of the Eurasian Economic Union which could greatly benefit Iran’s’ exports with tariff reductions on 503 items. Iran has not been able to reach its target wheat purchase from local farmers and will probably have to import about 3 MMT of wheat. Officials in Iran say farmers are holding wheat stocks and that the government would rather buy locally than import. Stocks in the country are said to...

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feed-grains soy-oilseeds wheat

PM Post - Lighter and Rangebound

THE OPEN November beans:  2 lower December meal:  .40 lower December soyoil:  14 lower December corn:  1 1/2 higher September wheat:  4 1/2 higher The markets opened as expected with more short-covering in grains and profit-taking in oilshare.  Traders were unwindi...

FOB Prices and Freight Rate App (Updated 11 August)

Freight Comments for 6 August 2020: By Jay O'Neil Commodity Consulting Dry-bulk freight markets bumped up this week on support from cargo demand from the U.S. Gulf and East Coast South America to China. The Capesize market also helped move markets with better rates for Australian Iron Ore to C...

Interactive Ocean Freight Rates (Updated 11 August)

Ocean Freight Insights and Comments - 6 August 2020 By Jay O'Neil Commodity Consulting Dry-bulk freight markets bumped up this week on support from cargo demand from the U.S. Gulf and East Coast South America to China. The Capesize market also helped move markets with better rates for Au...

feed-grains soy-oilseeds wheat

PM Post - Lighter and Rangebound

THE OPEN November beans:  2 lower December meal:  .40 lower December soyoil:  14 lower December corn:  1 1/2 higher September wheat:  4 1/2 higher The markets opened as expected with more short-covering in grains and profit-taking in oilshare.  Traders were unwindi...

FOB Prices and Freight Rate App (Updated 11 August)

Freight Comments for 6 August 2020: By Jay O'Neil Commodity Consulting Dry-bulk freight markets bumped up this week on support from cargo demand from the U.S. Gulf and East Coast South America to China. The Capesize market also helped move markets with better rates for Australian Iron Ore to C...

Interactive Ocean Freight Rates (Updated 11 August)

Ocean Freight Insights and Comments - 6 August 2020 By Jay O'Neil Commodity Consulting Dry-bulk freight markets bumped up this week on support from cargo demand from the U.S. Gulf and East Coast South America to China. The Capesize market also helped move markets with better rates for Au...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  The government of Lebanon has said that while the Beirut grain silos were destroyed, there should be no shortage of grain as discharge of grain vessels will move to Tripoli port. The government adds that there is about 1.5 months whe...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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