World Perspectives
biofuel

Rhetoric Meets Reality; Miscalculating Renewables; TTC and AI

Rhetoric Meets Reality German Greens reacted to farmer angst by blaming supermarkets for suppressing prices. Canadian Industry Minister Francois-Philippe Champagne liked that angle and similarly blamed his country’s retailers for food inflation. Major retailer Carrefour then blamed supplier PepsiCo for inflated prices. But the farmers in Europe are not blaming retailers, their complaint is about rising costs and EU environmental policies. The smarter politicians were not duped by the environmentalists.  Newly installed French Prime Minister Gabriel Attal has just announced that his country will take down bureaucracy and regulatory weight on farmers. The EU Commission announced that it would relax rules on land set-asides, and s...

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FOB Prices and Freight Rate App (Updated 12 July)

Ocean Freight Comments - 12 July 2024 By Matt Herrington Dry bulk markets were mixed this week with paper and physical markets showing diverging trends. The Baltic Dry indexes were mostly higher this week (except for the Capesize sector, which posted late-week declines) but physical markets wer...

Interactive Ocean Freight Rates (Updated 12 July)

Ocean Freight Comments - 12 July 2024 By Matt Herrington Dry bulk markets were mixed this week with paper and physical markets showing diverging trends. The Baltic Dry indexes were mostly higher this week (except for the Capesize sector, which posted late-week declines) but physical markets wer...

feed-grains soy-oilseeds wheat

Market Commentary: New Contract Lows, Including a Soymeal Double

Contrasted with yesterday’s sour mood, most contracts found greenery in today’s trading. But that doesn’t mean the bearish overcast went away, it just took a small break here and there. Beyond the general tenor, there were some notable milestones: Corn and soybeans got a sma...

FOB Prices and Freight Rate App (Updated 12 July)

Ocean Freight Comments - 12 July 2024 By Matt Herrington Dry bulk markets were mixed this week with paper and physical markets showing diverging trends. The Baltic Dry indexes were mostly higher this week (except for the Capesize sector, which posted late-week declines) but physical markets wer...

Interactive Ocean Freight Rates (Updated 12 July)

Ocean Freight Comments - 12 July 2024 By Matt Herrington Dry bulk markets were mixed this week with paper and physical markets showing diverging trends. The Baltic Dry indexes were mostly higher this week (except for the Capesize sector, which posted late-week declines) but physical markets wer...

feed-grains soy-oilseeds wheat

Market Commentary: New Contract Lows, Including a Soymeal Double

Contrasted with yesterday’s sour mood, most contracts found greenery in today’s trading. But that doesn’t mean the bearish overcast went away, it just took a small break here and there. Beyond the general tenor, there were some notable milestones: Corn and soybeans got a sma...

livestock

Livestock Roundup: Summer Cattle

The beef and cattle market is now past the milestone 4th of July holiday, between Memorial Day and Labor Day weekends that define the high demand season. Beef demand has held up so far and so has cattle supply, perhaps more than otherwise would have been expected. The last cattle on feed report...

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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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