World Perspectives
feed-grains wheat soy-oilseeds

European Market Analysis

Through 9 November, Ukraine’s grain harvest reached 90 percent of the total area and spanned 9.84 million hectares (MHa). The total crop is 51.275 MMT, of which corn production has hit 21.22 MMT and the harvest is 72 percent complete. Sunflower seed production has hit 11.52 MMT and just 3 percent of the area is yet unharvested.   Only 40-45 percent of Kazakhstan’s 2023/24 wheat harvest will meet food quality standards, according to the head of the SGS Kazakhstan LDT LPP laboratory due to low protein, high sprouted grain content, and possible issues with mycotoxins.  Heavy rains in Europe continue to disrupt the winter crop planting with some crops in some areas delayed by nearly a month. Rains are expected to co...

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Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Fewer Bears Ahead of WASDE

Confidence in short positions was slightly challenged today as traders positioned ahead of tomorrow’s USDA December WASDE. January soybeans jumped back 16.25 cents today, though not enough to offset a string of earlier double-digit losses. Thus far this week, January soybeans are down 13...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 24 Corn closed at $4.88/bushel, up $0.0375 from yesterday's close.  Mar 24 Wheat closed at $6.4225/bushel, up $0.0875 from yesterday's close.  Jan 24 Soybeans closed at $13.1175/bushel, up $0.1625 from yesterday's close.  Jan 24 Soymeal closed at $406.8/short ton, down $1.7 f...

Hobbling AI; Chinese Spin; F2F Setback

Hobbling AI The EU has neared agreement on doing what it does best, regulating. This time its target is artificial intelligence. France and Germany were reluctant participants because they have their own startup AI companies and didn’t want to hobble them. Regulatory hobbling from Brussel...

feed-grains soy-oilseeds wheat

Market Commentary: Fewer Bears Ahead of WASDE

Confidence in short positions was slightly challenged today as traders positioned ahead of tomorrow’s USDA December WASDE. January soybeans jumped back 16.25 cents today, though not enough to offset a string of earlier double-digit losses. Thus far this week, January soybeans are down 13...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 24 Corn closed at $4.88/bushel, up $0.0375 from yesterday's close.  Mar 24 Wheat closed at $6.4225/bushel, up $0.0875 from yesterday's close.  Jan 24 Soybeans closed at $13.1175/bushel, up $0.1625 from yesterday's close.  Jan 24 Soymeal closed at $406.8/short ton, down $1.7 f...

Hobbling AI; Chinese Spin; F2F Setback

Hobbling AI The EU has neared agreement on doing what it does best, regulating. This time its target is artificial intelligence. France and Germany were reluctant participants because they have their own startup AI companies and didn’t want to hobble them. Regulatory hobbling from Brussel...

feed-grains wheat soy-oilseeds

Export Sales

Export Sales and Shipments for November 24-30, 2023. Wheat:  Net sales of 356,400 metric tons (MT) for 2023/2024 were down 43 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 198,900 MT were down 42 percent from the previous week and 27 pe...

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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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