World Perspectives

Recent Europe Analysis

Hot Red Meat; Farming Profession

Hot Red Meat As American and European leaders are meeting there is yet another key transatlantic difference, but it needs no negotiation and that is meat. Red meat consumption is falling in the EU and policymakers in Brussels want it to fall even more. Like Americans, Europeans have consumed mo...

FOB Prices and Freight Rate App (Updated 11 June)

Ocean Freight Comments - 10 June 2021 By Jay O'Neil Commodity Consulting The Capesize market remains soft as cargo demand out of Australia and Brazil has not yet improved. Short covering in the Panamax sector has supported values and allowed Panamax and Supramax markets’ daily hire rates...

Interactive Ocean Freight Rates (Updated 11 June)

Ocean Freight Comments - 10 June 2021 By Jay O'Neil Commodity Consulting The Capesize market remains soft as cargo demand out of Australia and Brazil has not yet improved. Short covering in the Panamax sector has supported values and allowed Panamax and Supramax markets’ daily hire ra...

soy-oilseeds

WASDE Soymeal

U.S. soybean crush for 2020/21 is reduced 15 million bushels because of a lower forecast domestic meal disappearance and higher soybean meal imports.  ...

soy-oilseeds

WASDE Soybeans

USDA’s projections for 2021/22 include higher beginning and ending stocks.  Higher beginning stocks reflect a lower crush forecast for 2020/21. With higher soybean beginning stocks and no use changes for 2021/22, ending stocks are projected at 155 million bushels, up 15 million from...

wheat

WASDE Wheat

USDA’s outlook for the new 2021/22 U.S. wheat crop is for higher production. All wheat yield is 50.7 bushels per acre, up 0.7 bushels from last month. Feed and residual use is raised 10 million bushels to 180 million on the higher supplies as wheat is expected to be priced competitively w...

Transatlantic Reconciliation; Leash-less Dogs

Transatlantic Reconciliation The U.S. – EU consultations this week surrounding the China-focused G-7 meeting likely has the politicians ahead of some of their constituents. The two sides will fix some of the trade problems that arose during the Trump years and jointly commit to solve othe...

soy-oilseeds

Oilseed Highlights: Soy and WASDE; U.S. Soy Export Sales; French Rapeseed Crop

Relatively Few Significant Changes for Soy in USDA WASDE Report Some expected the June monthly WASDE update released today to make substantial changes to the supply and demand data for soybeans and soy products. However, the report instead made relatively few significant changes to the soy data...

Dangerous Jobs; Scale Confusion; Geopolitical Pushback

Dangerous Jobs French President Emmanuel Macron was reportedly slapped in the face by a disgruntled citizen near the city of Valence. That makes the job of U.S. Agriculture Secretary perhaps slightly less dangerous. In his new book, Laughing at Myself: My Education in Congress, on the Farm, and...

Quandary Agriculture Policy

Background: EU politicians are challenged finding compromises on CAP reform that concurrently meet the objectives of the Farm to Fork and Green Deal. There are also challenges at the technical level since the data is not always available, is inconsistent or even conflicting. Some goals are stra...

wheat feed-grains soy-oilseeds

European Market Analysis

Regional News  Europe’s weather is trending pleasantly warmer after a cool start to the growing season. Temperatures will be above normal for most of western and central Europe this week with rainfall limited to Spain, Italy, and parts of southeast Europe. The weather trend is a welc...

Line Speed Hogwash; Switching Capitalist Shoes; Farm Economy

Line Speed Hogwash The United Food and Commercial Workers Union achieved their goal of obtaining the Biden Administration’s support for a federal district court ruling that pork processing plants must slow down their operating speeds. The Trump Administration had earlier approved the fast...

Hot Red Meat; Farming Profession

Hot Red Meat As American and European leaders are meeting there is yet another key transatlantic difference, but it needs no negotiation and that is meat. Red meat consumption is falling in the EU and policymakers in Brussels want it to fall even more. Like Americans, Europeans have consumed mo...

FOB Prices and Freight Rate App (Updated 11 June)

Ocean Freight Comments - 10 June 2021 By Jay O'Neil Commodity Consulting The Capesize market remains soft as cargo demand out of Australia and Brazil has not yet improved. Short covering in the Panamax sector has supported values and allowed Panamax and Supramax markets’ daily hire rates...

Interactive Ocean Freight Rates (Updated 11 June)

Ocean Freight Comments - 10 June 2021 By Jay O'Neil Commodity Consulting The Capesize market remains soft as cargo demand out of Australia and Brazil has not yet improved. Short covering in the Panamax sector has supported values and allowed Panamax and Supramax markets’ daily hire ra...

soy-oilseeds

WASDE Soymeal

U.S. soybean crush for 2020/21 is reduced 15 million bushels because of a lower forecast domestic meal disappearance and higher soybean meal imports.  ...

soy-oilseeds

WASDE Soybeans

USDA’s projections for 2021/22 include higher beginning and ending stocks.  Higher beginning stocks reflect a lower crush forecast for 2020/21. With higher soybean beginning stocks and no use changes for 2021/22, ending stocks are projected at 155 million bushels, up 15 million from...

wheat

WASDE Wheat

USDA’s outlook for the new 2021/22 U.S. wheat crop is for higher production. All wheat yield is 50.7 bushels per acre, up 0.7 bushels from last month. Feed and residual use is raised 10 million bushels to 180 million on the higher supplies as wheat is expected to be priced competitively w...

Transatlantic Reconciliation; Leash-less Dogs

Transatlantic Reconciliation The U.S. – EU consultations this week surrounding the China-focused G-7 meeting likely has the politicians ahead of some of their constituents. The two sides will fix some of the trade problems that arose during the Trump years and jointly commit to solve othe...

soy-oilseeds

Oilseed Highlights: Soy and WASDE; U.S. Soy Export Sales; French Rapeseed Crop

Relatively Few Significant Changes for Soy in USDA WASDE Report Some expected the June monthly WASDE update released today to make substantial changes to the supply and demand data for soybeans and soy products. However, the report instead made relatively few significant changes to the soy data...

Dangerous Jobs; Scale Confusion; Geopolitical Pushback

Dangerous Jobs French President Emmanuel Macron was reportedly slapped in the face by a disgruntled citizen near the city of Valence. That makes the job of U.S. Agriculture Secretary perhaps slightly less dangerous. In his new book, Laughing at Myself: My Education in Congress, on the Farm, and...

Quandary Agriculture Policy

Background: EU politicians are challenged finding compromises on CAP reform that concurrently meet the objectives of the Farm to Fork and Green Deal. There are also challenges at the technical level since the data is not always available, is inconsistent or even conflicting. Some goals are stra...

wheat feed-grains soy-oilseeds

European Market Analysis

Regional News  Europe’s weather is trending pleasantly warmer after a cool start to the growing season. Temperatures will be above normal for most of western and central Europe this week with rainfall limited to Spain, Italy, and parts of southeast Europe. The weather trend is a welc...

Line Speed Hogwash; Switching Capitalist Shoes; Farm Economy

Line Speed Hogwash The United Food and Commercial Workers Union achieved their goal of obtaining the Biden Administration’s support for a federal district court ruling that pork processing plants must slow down their operating speeds. The Trump Administration had earlier approved the fast...

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