World Perspectives

Recent Asia Analysis

livestock

USDA Reports: Protein Production Recovery, Global Trade Decline

Today’s WASDE showed USDA’s red meat and broiler production forecast up from last month. Last month’s WASDE total beef, pork and broiler production estimate for 2020 was bumped up to be 0.05 percent greater than 2019. This month it is projected to be 1.7 percent ahead of last...

FOB Prices and Freight Rate App (Updated 8 July)

Freight Comments for 2 July 2020: By Jay O'Neil Commodity Consulting Capesize dry-bulk vessels must be using rocket fuel in place of VLSFO as that market continued to skyrocket this week. Capesize owners and sellers felt embolden by the tight supply of available vessels in the Atlantic, an...

Interactive Ocean Freight Rates (Updated 7 July)

Ocean Freight Insights and Comments - 2 July 2020 By Jay O'Neil Commodity Consulting Capesize dry-bulk vessels must be using rocket fuel in place of VLSFO as that market continued to skyrocket this week. Capesize owners and sellers felt embolden by the tight supply of available vessels in...

feed-grains soy-oilseeds wheat

Market Commentary

Note: the CBOT will close early at 13:05 ET on Thursday, 2 July and re-open the evening of Sunday, 5 July. The CBOT continued to rally Wednesday with funds aggressively covering their massive short position in corn while extending length in soybeans. Trading volumes were heavy – but not t...

feed-grains soy-oilseeds

Corn Imports Grow

Global corn imports continue to expand but increases by Vietnam and the EU standout. Mexico remains a major market, but imports are growing at roughly the same rate as the world as a whole, around five percent per year. By contrast, over the past decade Vietnam’s corn imports have grown 1...

feed-grains

Rice Glass House

Both Brazil and the U.S. have issued protests over a Thai legal ban against imported commodities and food with residues of the weed killer paraquat and the pesticide chlorpyrifos. The ban will prevent billions of dollars of trade in wheat, soybeans and some foods. The two countries have asked T...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Government Takeover of Soy Crusher Vicentin Last week, Argentina’s government announced it would intervene in the bankruptcy of one of the nation’s biggest soybean crusher – Vicentine. The government is sending a proposal to Congress to take over the company. Vicentine has ove...

feed-grains

WASDE Corn

USDA's U.S. corn outlook is for 2020/21 supply to be up slightly and no changes in projected use; Ending stocks are 5 million bushels higher at 3.3 billion bushels.  The season-average farm price is unchanged at $3.20 per bushel. Brazilian corn production is unchanged, as higher area is of...

Policy Shorts

Tokyo Challenges Beijing: While the EU has been reluctant to join a trade war with the U.S. against China, Japan’s Shinzō Abe appears to have sided with Washington. First, he supported a G7 statement against Beijing’s new controls over Hong Kong and now he has offered the island&rsq...

livestock

Livestock Round Up: WASDE Shows Meat and Poultry Recovering Ahead of Schedule

Today’s WASDE showed USDA’s red meat and broiler production forecast up from last month reflecting a faster than expected recovery from slaughter plant shutdowns, backlogs and reconfigured operations. Slaughter was down the last week of May due to Memorial Day, but last week rebound...

feed-grains wheat soy-oilseeds

Rice as Laggard

It was noted yesterday that the growth in global production of wheat has tracked population growth whereas corn and soybeans have expanded exponentially more. Wheat is predominantly a food grain whereas corn and soybeans have fed the expanding animal protein sector. Rice is also predominantly a...

Parting Ways – The Strategy

The U.S. Food & Drug Administration issued its first regulatory guidance on genetically engineered crops in 1992 and by 1996 the first DNA modified seeds were going into the ground. European activists hated the idea. Called it Frankenfood and warned that the technology would lead to Armaged...

livestock

USDA Reports: Protein Production Recovery, Global Trade Decline

Today’s WASDE showed USDA’s red meat and broiler production forecast up from last month. Last month’s WASDE total beef, pork and broiler production estimate for 2020 was bumped up to be 0.05 percent greater than 2019. This month it is projected to be 1.7 percent ahead of last...

FOB Prices and Freight Rate App (Updated 8 July)

Freight Comments for 2 July 2020: By Jay O'Neil Commodity Consulting Capesize dry-bulk vessels must be using rocket fuel in place of VLSFO as that market continued to skyrocket this week. Capesize owners and sellers felt embolden by the tight supply of available vessels in the Atlantic, an...

Interactive Ocean Freight Rates (Updated 7 July)

Ocean Freight Insights and Comments - 2 July 2020 By Jay O'Neil Commodity Consulting Capesize dry-bulk vessels must be using rocket fuel in place of VLSFO as that market continued to skyrocket this week. Capesize owners and sellers felt embolden by the tight supply of available vessels in...

feed-grains soy-oilseeds wheat

Market Commentary

Note: the CBOT will close early at 13:05 ET on Thursday, 2 July and re-open the evening of Sunday, 5 July. The CBOT continued to rally Wednesday with funds aggressively covering their massive short position in corn while extending length in soybeans. Trading volumes were heavy – but not t...

feed-grains soy-oilseeds

Corn Imports Grow

Global corn imports continue to expand but increases by Vietnam and the EU standout. Mexico remains a major market, but imports are growing at roughly the same rate as the world as a whole, around five percent per year. By contrast, over the past decade Vietnam’s corn imports have grown 1...

feed-grains

Rice Glass House

Both Brazil and the U.S. have issued protests over a Thai legal ban against imported commodities and food with residues of the weed killer paraquat and the pesticide chlorpyrifos. The ban will prevent billions of dollars of trade in wheat, soybeans and some foods. The two countries have asked T...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Government Takeover of Soy Crusher Vicentin Last week, Argentina’s government announced it would intervene in the bankruptcy of one of the nation’s biggest soybean crusher – Vicentine. The government is sending a proposal to Congress to take over the company. Vicentine has ove...

feed-grains

WASDE Corn

USDA's U.S. corn outlook is for 2020/21 supply to be up slightly and no changes in projected use; Ending stocks are 5 million bushels higher at 3.3 billion bushels.  The season-average farm price is unchanged at $3.20 per bushel. Brazilian corn production is unchanged, as higher area is of...

Policy Shorts

Tokyo Challenges Beijing: While the EU has been reluctant to join a trade war with the U.S. against China, Japan’s Shinzō Abe appears to have sided with Washington. First, he supported a G7 statement against Beijing’s new controls over Hong Kong and now he has offered the island&rsq...

livestock

Livestock Round Up: WASDE Shows Meat and Poultry Recovering Ahead of Schedule

Today’s WASDE showed USDA’s red meat and broiler production forecast up from last month reflecting a faster than expected recovery from slaughter plant shutdowns, backlogs and reconfigured operations. Slaughter was down the last week of May due to Memorial Day, but last week rebound...

feed-grains wheat soy-oilseeds

Rice as Laggard

It was noted yesterday that the growth in global production of wheat has tracked population growth whereas corn and soybeans have expanded exponentially more. Wheat is predominantly a food grain whereas corn and soybeans have fed the expanding animal protein sector. Rice is also predominantly a...

Parting Ways – The Strategy

The U.S. Food & Drug Administration issued its first regulatory guidance on genetically engineered crops in 1992 and by 1996 the first DNA modified seeds were going into the ground. European activists hated the idea. Called it Frankenfood and warned that the technology would lead to Armaged...

Select Filters to Apply

  • Markets
  • Publications

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up