World Perspectives
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Mercosur Regional Analysis

Wheat Despite recent rains and improvements in the wheat crop’s overall state, the Rosario Grain Exchange has reduced its production estimate by 600,000 MT, which now stands at a total production of 15 MMT. This is because the area from the center of the Cordoba Province northward and west of Buenos Aires/east of La Pampa remains dry. In about 20 days, farmers should start harvesting the first fields in the northern part of the country, and the market will begin to have yield references and anomalies for each region. For the general harvest, there is still another month and a half or two to go, but the effect on prices (inverse) may possibly take a bit longer since the arrival of wheat at ports and the appearance of good volumes sho...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Update for 1 April 2024: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Iran’s wheat production is forecast by the FAO to be at 13.5 MMT out of total grain production of 19.8 MMT, including rice. Iran’s total grain imports are seen as reaching 14.9 MMT. Iran’s govern...

feed-grains soy-oilseeds wheat

Market Commentary: Corn, Soy Post Turnaround; Hog Selloff Continues; Cattle Shrug Off COF Report

Trade at the CBOT was dynamic and interesting on Monday with early-day weakness sending wheat, corn, and soybeans all to fresh lows while late-day short-covering and buying pulled the latter two markets higher. Soybeans scored double-digit gains for the day while the corn market could only mana...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 24 June)

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The Future of Loose Fiscal Policy and the Economy

Since the early 2000s, there has been plenty of discussion about whether monetary policy is too loose or too tight given the underlying economic conditions. It continues through today as the Fed tightened monetary policy to reign in inflation after the massive amounts of fiscal policy stimulus...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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