World Perspectives
feed-grains soy-oilseeds livestock

Market Commentary: Pre-Report Plus Brazil Lightens Risk

Volume was light except in soymeal, Feeders and lean hogs. USDA’s final quarterly stocks report for MY 2023/24 arrives Monday and it has surprised to the bullish side for the past four out of five years. So the goal was to get out of short positions.  On the week, soymeal exploded on huge export sales while lean hogs were the only loser. Weather is helping promote the mostly sideways movement. Recent heavy rains in the U.S. Midwest followed by more moisture from Hurricane Helene will clear out and return to dry conditions for resumed harvesting. However, winter wheat is missing out on the rainfall. Meanwhile, Western Europe remains too wet, the Black Sea and Brazil too dry, but Australia is getting some needed rainfall. The 1...

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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...

Politics: Will 2024 Election Yield an Unprecedented Triple Flip?

The 2024 election is three weeks from tomorrow. This cycle has been unusual. The campaign started as a Biden versus Trump rematch of the 2020 campaign, the first such rematch since 1956 (only the seventh time in history and only the second time since 1900). However, President Biden stepped down...

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

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...

Politics: Will 2024 Election Yield an Unprecedented Triple Flip?

The 2024 election is three weeks from tomorrow. This cycle has been unusual. The campaign started as a Biden versus Trump rematch of the 2020 campaign, the first such rematch since 1956 (only the seventh time in history and only the second time since 1900). However, President Biden stepped down...

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...

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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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