World Perspectives

Recent Europe Analysis

Corruption Focus; Next Transportation Fuel

Corruption Focus The Biden Administration will emphasize its Strategy on Countering Corruption at this week’s Summit for Democracy. Shell companies will be required to report their true owners and the goal is to strengthen democracies by weakening corruption. Not all think this is a good...

feed-grains soy-oilseeds livestock

Growing Threat to Trade

Russia is positioning to invade Ukraine if it wants, and China is seeking to put a military base on the Atlantic in Equatorial Guinea. Then there is China’s threats to Taiwan and Iran’s potential abandonment of the nuclear agreement. One of the above could limit grain exports out of...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Russia continues to build its troop presence on the border with Ukraine and has mobilized some 170,000 troops to the region. That is 70,000 more troops than were on the border during last year’s spring build-up. Presidents Putin and Biden are expected to talk Tuesday,...

Greens on Defense; Apparel Peril; NAFTA Changes Parties

Greens on Defense For decades the policy bible for Greens in Europe has included scriptures against GMO’s and nuclear energy. But GMO’s can aid sustainability and nuclear power is inherently carbon neutral. EU Commission leaders have spoken opportunistically about new genomic techni...

FOB Prices and Freight Rate App (Updated 3 December)

Ocean Freight Comments - 3 December 2021 By Jay O'Neil Commodity Consulting October and November 2021 are now in the past but the market volatility they brought remains. Over the last six weeks markets have been up, down, up, and all around. Dry-bulk markets are acting as if they have bottomed...

Interactive Ocean Freight Rates (Updated 3 December)

Ocean Freight Comments - 2 December 2021 By Jay O'Neil Commodity Consulting October and November 2021 are now in the past but the market volatility they brought remains. Over the last six weeks markets have been up, down, up, and all around. Dry-bulk markets are acting as if they have bottomed...

Energy and Food Lessons; Implications of Ukraine; Omicron Buys WTO Time

Energy and Food Lessons Energy and food prices are spiking at the same time policy reform advocates are seeking wholesale changes in the production of both resources. Already policymakers in Europe are having to consider using more natural gas and nuclear energy than originally envisioned in th...

China Strategy; Biotech Breakout

China Strategy The U.S., EU and Japan have agreed to collaborate on how to deal with non-market economic practices – read China. The debate over how to address China is the most important topic in Washington these days. Opinions are varied. Former U.S. State Department official Daniel Rus...

livestock

AI Impact

As the media tracks the spread of the Omicron version of COVID, there are reports of additional outbreaks of highly pathogenic avian influenza (H5N1) in Europe. Like COVID, there are many varieties of avian influenza (AI) with low pathogenic the predominant form but high pathogenic forms consti...

Anti-vaxxers Come to Ag; Identity Politics Come to Trade

Anti-vaxxers Come to Ag The Green Revolution created modern agriculture, which has been called a mechanism for turning fossil fuels (inputs) into food. In a matter of just a couple of decades, fertilizer, pesticides, and genetics enabled staple crop yields to triple. Now Europe is trying to str...

India’s Dangerous Reversal; Dems vs. Coms

India’s Dangerous Reversal Indian Prime Minister Narendra Modi’s recent reversal on farm policy reforms will reverberate for years to come. Essentially, the nation will revert to a system that used a market support price (MSP) to boost farmer income but at levels above what would al...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  France has detected the highly pathogenic bird flu virus on a farm in the northern part of the country, officials said on Saturday. The news comes after several other European countries have detected outbreaks this fall.  Russian wheat farmers continue to face dry condi...

Cancellation of Convenience; Fox in the Henhouse

Cancellation of Convenience The WTO’s 12th ministerial conference scheduled to begin next week has reportedly been postponed due to news of a new COVID variant being circulated. The new variant provides a delay for a meeting that, at this juncture, did not have a lot of hope for agreement...

True Conclusion; All the Above

True Conclusion Art Cullen, publisher of Iowa’s The Storm Lake Times, correctly opines that most farmers want to protect the soil and the environment, if only it did not hurt them financially. The problem is a lack of resources to make it an inherent business practice. Nature demands chan...

State-led Chips; Grand Bargain Needed

State-led Chips Governments around the world spend billions of dollars in pursuit of food security and now the focus has expanded to computer security. China is prioritizing its domestic needs ahead of exporting semiconductors, which will squeeze overseas customers. Meanwhile, the U.S. Congress...

Selective Application; Missing Agenda

Selective Application The EU proposed a new regulation requiring due diligence on the part of companies marketing specific products (soybeans, beef, palm oil, wood, cocoa and coffee derived products such as leather, chocolate and furniture) that were not derived from newly deforested geographie...

Inflation is Good; Transitory Fake Meat; Not so Fast; Fading Green

Inflation is Good The news yesterday about the surprising rise in U.S. inflation spooked markets and has President Biden’s team scrambling to avoid political blame for the problem. The problem is average consumers see the price of food, fuel and housing eating up their income at a faster...

soy-oilseeds feed-grains

CAFTA-DR Rewrite; Phase One Failure; Divergent Transatlantic

CAFTA-DR Rewrite When the CAFTA-DR FTA was finalized back in 2004, GDP in the Central American region was 30 percent smaller. Since that time, growth as been disproportionate. The Costa Rican economy has grown by 65 percent, Guatemala and Honduras are 37 percent richer, and the Dominican Republ...

soy-oilseeds

WASDE Soymeal

The U.S. season-average soymeal price for 2020/21 is unchanged at $325 per short ton...

feed-grains

WASDE Corn

The November WASDE projected U.S. corn ending stocks at 1,493 million bushels for the 2021/22 season. This estimate is down 7 million from the October forecast. The projected season-average corn price received by producers is unchanged at $5.45 per bushel. Global coarse grain production for 202...

wheat

WASDE Wheat

The November WASDE projected U.S. wheat ending stocks at 583 million bushels for the 2021/22 season. That estimate is up 3 million from the October forecast. The projected 2021/22 season-average U.S. farm price is raised $0.20 per bushel to $6.90. Global wheat ending stocks are down 1.4 million...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Fall Under Bearish WASDE Expectations; Cattle Trade Starts Week Strong

The CBOT was mixed to start WASDE week with the soy complex pushing lower under the threat of larger yield projections, which pulled corn lower too. Wheat futures rose modestly on expectations that USDA will cut the Russian wheat crop and its export program, thereby tightening world supplies. T...

Blame the Golden Goose; Sour Mystery; Port Protectionism

Blame the Golden Goose The COP26 meeting in Glasgow continues this week and developing nations are demanding that rich countries compensate them for climate change with a large wad of cash - $1 trillion per year to Africa, another $1 trillion for India, etc. They argue that the rich countries b...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Ukraine’s farmers have planted 90 percent of the 7.1 Mha of winter crops, including 6.1 Mha of wheat and 0.844 Mha of winter barley. The Ukrainian government is now forecasting a reduction in planted wheat area for the 2021/22 crop, due to ongoing drought. The governme...

Corruption Focus; Next Transportation Fuel

Corruption Focus The Biden Administration will emphasize its Strategy on Countering Corruption at this week’s Summit for Democracy. Shell companies will be required to report their true owners and the goal is to strengthen democracies by weakening corruption. Not all think this is a good...

feed-grains soy-oilseeds livestock

Growing Threat to Trade

Russia is positioning to invade Ukraine if it wants, and China is seeking to put a military base on the Atlantic in Equatorial Guinea. Then there is China’s threats to Taiwan and Iran’s potential abandonment of the nuclear agreement. One of the above could limit grain exports out of...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Russia continues to build its troop presence on the border with Ukraine and has mobilized some 170,000 troops to the region. That is 70,000 more troops than were on the border during last year’s spring build-up. Presidents Putin and Biden are expected to talk Tuesday,...

Greens on Defense; Apparel Peril; NAFTA Changes Parties

Greens on Defense For decades the policy bible for Greens in Europe has included scriptures against GMO’s and nuclear energy. But GMO’s can aid sustainability and nuclear power is inherently carbon neutral. EU Commission leaders have spoken opportunistically about new genomic techni...

FOB Prices and Freight Rate App (Updated 3 December)

Ocean Freight Comments - 3 December 2021 By Jay O'Neil Commodity Consulting October and November 2021 are now in the past but the market volatility they brought remains. Over the last six weeks markets have been up, down, up, and all around. Dry-bulk markets are acting as if they have bottomed...

Interactive Ocean Freight Rates (Updated 3 December)

Ocean Freight Comments - 2 December 2021 By Jay O'Neil Commodity Consulting October and November 2021 are now in the past but the market volatility they brought remains. Over the last six weeks markets have been up, down, up, and all around. Dry-bulk markets are acting as if they have bottomed...

Energy and Food Lessons; Implications of Ukraine; Omicron Buys WTO Time

Energy and Food Lessons Energy and food prices are spiking at the same time policy reform advocates are seeking wholesale changes in the production of both resources. Already policymakers in Europe are having to consider using more natural gas and nuclear energy than originally envisioned in th...

China Strategy; Biotech Breakout

China Strategy The U.S., EU and Japan have agreed to collaborate on how to deal with non-market economic practices – read China. The debate over how to address China is the most important topic in Washington these days. Opinions are varied. Former U.S. State Department official Daniel Rus...

livestock

AI Impact

As the media tracks the spread of the Omicron version of COVID, there are reports of additional outbreaks of highly pathogenic avian influenza (H5N1) in Europe. Like COVID, there are many varieties of avian influenza (AI) with low pathogenic the predominant form but high pathogenic forms consti...

Anti-vaxxers Come to Ag; Identity Politics Come to Trade

Anti-vaxxers Come to Ag The Green Revolution created modern agriculture, which has been called a mechanism for turning fossil fuels (inputs) into food. In a matter of just a couple of decades, fertilizer, pesticides, and genetics enabled staple crop yields to triple. Now Europe is trying to str...

India’s Dangerous Reversal; Dems vs. Coms

India’s Dangerous Reversal Indian Prime Minister Narendra Modi’s recent reversal on farm policy reforms will reverberate for years to come. Essentially, the nation will revert to a system that used a market support price (MSP) to boost farmer income but at levels above what would al...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  France has detected the highly pathogenic bird flu virus on a farm in the northern part of the country, officials said on Saturday. The news comes after several other European countries have detected outbreaks this fall.  Russian wheat farmers continue to face dry condi...

Cancellation of Convenience; Fox in the Henhouse

Cancellation of Convenience The WTO’s 12th ministerial conference scheduled to begin next week has reportedly been postponed due to news of a new COVID variant being circulated. The new variant provides a delay for a meeting that, at this juncture, did not have a lot of hope for agreement...

True Conclusion; All the Above

True Conclusion Art Cullen, publisher of Iowa’s The Storm Lake Times, correctly opines that most farmers want to protect the soil and the environment, if only it did not hurt them financially. The problem is a lack of resources to make it an inherent business practice. Nature demands chan...

State-led Chips; Grand Bargain Needed

State-led Chips Governments around the world spend billions of dollars in pursuit of food security and now the focus has expanded to computer security. China is prioritizing its domestic needs ahead of exporting semiconductors, which will squeeze overseas customers. Meanwhile, the U.S. Congress...

Selective Application; Missing Agenda

Selective Application The EU proposed a new regulation requiring due diligence on the part of companies marketing specific products (soybeans, beef, palm oil, wood, cocoa and coffee derived products such as leather, chocolate and furniture) that were not derived from newly deforested geographie...

Inflation is Good; Transitory Fake Meat; Not so Fast; Fading Green

Inflation is Good The news yesterday about the surprising rise in U.S. inflation spooked markets and has President Biden’s team scrambling to avoid political blame for the problem. The problem is average consumers see the price of food, fuel and housing eating up their income at a faster...

soy-oilseeds feed-grains

CAFTA-DR Rewrite; Phase One Failure; Divergent Transatlantic

CAFTA-DR Rewrite When the CAFTA-DR FTA was finalized back in 2004, GDP in the Central American region was 30 percent smaller. Since that time, growth as been disproportionate. The Costa Rican economy has grown by 65 percent, Guatemala and Honduras are 37 percent richer, and the Dominican Republ...

soy-oilseeds

WASDE Soymeal

The U.S. season-average soymeal price for 2020/21 is unchanged at $325 per short ton...

feed-grains

WASDE Corn

The November WASDE projected U.S. corn ending stocks at 1,493 million bushels for the 2021/22 season. This estimate is down 7 million from the October forecast. The projected season-average corn price received by producers is unchanged at $5.45 per bushel. Global coarse grain production for 202...

wheat

WASDE Wheat

The November WASDE projected U.S. wheat ending stocks at 583 million bushels for the 2021/22 season. That estimate is up 3 million from the October forecast. The projected 2021/22 season-average U.S. farm price is raised $0.20 per bushel to $6.90. Global wheat ending stocks are down 1.4 million...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Fall Under Bearish WASDE Expectations; Cattle Trade Starts Week Strong

The CBOT was mixed to start WASDE week with the soy complex pushing lower under the threat of larger yield projections, which pulled corn lower too. Wheat futures rose modestly on expectations that USDA will cut the Russian wheat crop and its export program, thereby tightening world supplies. T...

Blame the Golden Goose; Sour Mystery; Port Protectionism

Blame the Golden Goose The COP26 meeting in Glasgow continues this week and developing nations are demanding that rich countries compensate them for climate change with a large wad of cash - $1 trillion per year to Africa, another $1 trillion for India, etc. They argue that the rich countries b...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Ukraine’s farmers have planted 90 percent of the 7.1 Mha of winter crops, including 6.1 Mha of wheat and 0.844 Mha of winter barley. The Ukrainian government is now forecasting a reduction in planted wheat area for the 2021/22 crop, due to ongoing drought. The governme...

Select Filters to Apply

  • Markets
  • Publications

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up