World Perspectives
wheat feed-grains soy-oilseeds

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Middle East/North Africa (MENA) buyers of Ukraine’s wheat and corn are very concerned about the situation that has developed between that country and Russia in the Kerch Strait that abuts Crimea. While Russia says that the strait is operating at full capacity, there are long lines of vessels heading up to load and discharge cargoes. The current situation there does show how vulnerable grain shipments from the Azov Sea can be to political unrest. A delegation from Egypt, representing the private and public sectors in the wheat business, was just in Spain for a one-week visit to look at grain inspections, importation systems and logistics. The group visited Tarragona and Malaga port...

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livestock

1 March Cattle on Feed Report

USDA today released the monthly Cattle on Feed (COF) report for 1 March. It showed the total inventory in feedlots of 1,000 head or more capacity was 1.8 million, the 27th straight month of year-over-year increases. Marketings were essentially flat, up only 8,000 head (or less than a half-perc...

Failed Tomato Farmers; Blasé Program Changes; New Transatlantic Conditionality

Failed Tomato Farmers The most efficient way to grow tomatoes is in greenhouses or hot houses. Most Mexican tomatoes are grown this way, but Florida growers have failed to adopt this form of protected agriculture, and the result is that their domestic market share has fallen to 41 percent. They...

feed-grains soy-oilseeds wheat

Market Commentary

Corn and wheat markets were firm overnight, while the soy complex was weaker. That was the pattern for much of today’s markets as well. Cool, wet weather and perhaps the worst flooding across parts of the Corn Belt ever are elevating concerns about a slow start to the corn planting season...

livestock

1 March Cattle on Feed Report

USDA today released the monthly Cattle on Feed (COF) report for 1 March. It showed the total inventory in feedlots of 1,000 head or more capacity was 1.8 million, the 27th straight month of year-over-year increases. Marketings were essentially flat, up only 8,000 head (or less than a half-perc...

Failed Tomato Farmers; Blasé Program Changes; New Transatlantic Conditionality

Failed Tomato Farmers The most efficient way to grow tomatoes is in greenhouses or hot houses. Most Mexican tomatoes are grown this way, but Florida growers have failed to adopt this form of protected agriculture, and the result is that their domestic market share has fallen to 41 percent. They...

feed-grains soy-oilseeds wheat

Market Commentary

Corn and wheat markets were firm overnight, while the soy complex was weaker. That was the pattern for much of today’s markets as well. Cool, wet weather and perhaps the worst flooding across parts of the Corn Belt ever are elevating concerns about a slow start to the corn planting season...

feed-grains soy-oilseeds wheat

Summary of Futures

May 19 Corn closed at $3.7825/bushel, up $0.02 from yesterday's close.  May 19 Wheat closed at $4.66/bushel, down $0.005 from yesterday's close.  May 19 Soybeans closed at $9.0375/bushel, down $0.0675 from yesterday's close.  May 19 Soymeal closed at $315/short ton, down $0.3 fro...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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