World Perspectives
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Toughest Commodity Business

While many agricultural commodities are experiencing a boom in demand and prices, orange juice consumption has plummeted worldwide. Global demand over the past decade has fallen by 12.6 percent. U.S. consumption has dropped by 29 percent over that period and Europe, the largest consumer of the juice, has seen a 26.7 percent decline in consumption. Even China, which has expanded its demand for most commodities, has reduced demand by 2.5 percent.  Fortunately, production has also declined, that part of that has been due to the disease citrus greening. The result is that prices have been rising the past couple of years. Still, this is the rare agricultural industry that is losing customers.  ...

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Rice is Tight

EU rice consumption has been rising at 1.8 percent CAGR at the same time production has fallen by 30 percent since 2018/19. Italy produces about half of the EU’s rice output, and it has suffered from drought. As a water intensive crop, climate change will have an outside impact on this st...

FOB Prices and Freight Rate App (Updated 23 Mar.)

Ocean Freight Comments - 23 March 2023 By Jay O'Neil Commodity Consulting It was another mixed week for dry-bulk freight markets, one industry writer described the market volatility as “mood swings”  but I cannot disagree with that description. Vessel owners and FFA paper Trade...

Interactive Ocean Freight Rates (Updated 23 Mar.)

Ocean Freight Comments - 23 March 2023 By Jay O'Neil Commodity Consulting It was another mixed week for dry-bulk freight markets, one industry writer described the market volatility as “mood swings”  but I cannot disagree with that description. Vessel owners and FFA paper Trade...

softs

Rice is Tight

EU rice consumption has been rising at 1.8 percent CAGR at the same time production has fallen by 30 percent since 2018/19. Italy produces about half of the EU’s rice output, and it has suffered from drought. As a water intensive crop, climate change will have an outside impact on this st...

FOB Prices and Freight Rate App (Updated 23 Mar.)

Ocean Freight Comments - 23 March 2023 By Jay O'Neil Commodity Consulting It was another mixed week for dry-bulk freight markets, one industry writer described the market volatility as “mood swings”  but I cannot disagree with that description. Vessel owners and FFA paper Trade...

Interactive Ocean Freight Rates (Updated 23 Mar.)

Ocean Freight Comments - 23 March 2023 By Jay O'Neil Commodity Consulting It was another mixed week for dry-bulk freight markets, one industry writer described the market volatility as “mood swings”  but I cannot disagree with that description. Vessel owners and FFA paper Trade...

softs

Thailand Rice Exports

Thai government official Anucha Burapachaisri said the target for rice exports has been raised to 7.5 MMT. The official cited both higher domestic production, and a rebounding global economy that has elevated the value of rice. In truth, Thai rice exports are highly correlated to production, wh...

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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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