World Perspectives

Recent South America Analysis

soy-oilseeds

WASDE Soyoil

U.S. soybean oil price outlook is projected at 45.0 cents per pound, up 4 cents. ...

soy-oilseeds

WASDE Soymeal

U.S. soybean meal price outlook is unchanged at $400 per short ton...

soy-oilseeds

WASDE Soybeans

U.S. soybean outlook is for higher exports, lower crush, residual use, and seed use.  Soybean ending stocks are projected at 120 million bushels, unchanged from the previous forecast.  The season-average soybean price is forecast at $11.25 per bushel, up 10 cents...

feed-grains

WASDE Corn

U.S. corn outlook is for greater feed and residual use, increased corn used for ethanol production, larger exports, and lower ending stocks. Corn used to produce ethanol is raised 25 million bushels and exports are increased 75 million bushels. The season-average farm price is unchanged at $4.3...

wheat

WASDE Wheat

U.S. wheat outlook is for lower supplies, reduced domestic use, unchanged exports, and higher ending stocks.  Feed and residual use is lowered 25 million bushels to 100 million.  Exports are unchanged.  Projected 2020/21 ending stocks are raised to 852 million bushels but are sti...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Weather Rally Continues; USDA Cuts U.S. Corn Stocks

The April WASDE featured fewer changes than expected with USDA remaining cautious about increasing U.S. demand expectations. The agency was similarly neutral the South American crops, where most analysts had been expecting production cuts. The market reaction to the April report was mixed with...

feed-grains soy-oilseeds wheat

Market Commentary: Setting Up Surprise

Traders say they do not like surprises but they seem to be setting up for one tomorrow. There is a lot of room for disappointment when USDA releases its April WASDE report. For 80 percent of the datapoints surveyed by Reuters, the trade expects USDA to give them more bullish numbers (see table...

FOB Prices and Freight Rate App (Updated 8 April)

Ocean Freight Comments - 8 April 2021 By Jay O'Neil Commodity Consulting Following the crazy price action of the first quarter of 2021, dry-bulk markets have considerable rebalancing to do. Over the past three months, markets have been highly unusual whereby the smaller Handysize, and up to Pa...

Interactive Ocean Freight Rates (Updated 8 April)

Ocean Freight Comments - 8 April 2021 By Jay O'Neil Commodity Consulting Following the crazy price action of the first quarter of 2021, dry-bulk markets have considerable rebalancing to do. Over the past three months, markets have been highly unusual whereby the smaller Handysize, and up to...

feed-grains soy-oilseeds wheat

Market Commentary: Livestock Futures Can’t Stop, Won’t Stop; Grains Chop Sideways

Cattle and hog futures are lodged in massive bullish uptrends that seem to have no end in sight. All three major livestock contracts posted fresh contract highs this afternoon with open interest and trading volume rising as well. In contrast, the grain markets chopped sideways with the day&rsqu...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Chops Sideways; Livestock Markets Rally

The CBOT started out strong but pulled back on quiet volumes and limited follow-through buying. Buyers are looking at early forecasts for ample grain and oilseed supplies in 2021/22 and see no reason to chase the market higher heading into the April WASDE. USDA’s April report is generally...

livestock

Russia and Argentina: Fighter Jets, COVID Vaccines, and Beef

During the administrations of Presidents Marci and Trump, relations between the U.S. and Argentina started to improve. For example, the Trump Department of Commerce accepted Argentina’s petition for a “changed circumstances” review of the countervailing duties placed on import...

soy-oilseeds

WASDE Soyoil

U.S. soybean oil price outlook is projected at 45.0 cents per pound, up 4 cents. ...

soy-oilseeds

WASDE Soymeal

U.S. soybean meal price outlook is unchanged at $400 per short ton...

soy-oilseeds

WASDE Soybeans

U.S. soybean outlook is for higher exports, lower crush, residual use, and seed use.  Soybean ending stocks are projected at 120 million bushels, unchanged from the previous forecast.  The season-average soybean price is forecast at $11.25 per bushel, up 10 cents...

feed-grains

WASDE Corn

U.S. corn outlook is for greater feed and residual use, increased corn used for ethanol production, larger exports, and lower ending stocks. Corn used to produce ethanol is raised 25 million bushels and exports are increased 75 million bushels. The season-average farm price is unchanged at $4.3...

wheat

WASDE Wheat

U.S. wheat outlook is for lower supplies, reduced domestic use, unchanged exports, and higher ending stocks.  Feed and residual use is lowered 25 million bushels to 100 million.  Exports are unchanged.  Projected 2020/21 ending stocks are raised to 852 million bushels but are sti...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Weather Rally Continues; USDA Cuts U.S. Corn Stocks

The April WASDE featured fewer changes than expected with USDA remaining cautious about increasing U.S. demand expectations. The agency was similarly neutral the South American crops, where most analysts had been expecting production cuts. The market reaction to the April report was mixed with...

feed-grains soy-oilseeds wheat

Market Commentary: Setting Up Surprise

Traders say they do not like surprises but they seem to be setting up for one tomorrow. There is a lot of room for disappointment when USDA releases its April WASDE report. For 80 percent of the datapoints surveyed by Reuters, the trade expects USDA to give them more bullish numbers (see table...

FOB Prices and Freight Rate App (Updated 8 April)

Ocean Freight Comments - 8 April 2021 By Jay O'Neil Commodity Consulting Following the crazy price action of the first quarter of 2021, dry-bulk markets have considerable rebalancing to do. Over the past three months, markets have been highly unusual whereby the smaller Handysize, and up to Pa...

Interactive Ocean Freight Rates (Updated 8 April)

Ocean Freight Comments - 8 April 2021 By Jay O'Neil Commodity Consulting Following the crazy price action of the first quarter of 2021, dry-bulk markets have considerable rebalancing to do. Over the past three months, markets have been highly unusual whereby the smaller Handysize, and up to...

feed-grains soy-oilseeds wheat

Market Commentary: Livestock Futures Can’t Stop, Won’t Stop; Grains Chop Sideways

Cattle and hog futures are lodged in massive bullish uptrends that seem to have no end in sight. All three major livestock contracts posted fresh contract highs this afternoon with open interest and trading volume rising as well. In contrast, the grain markets chopped sideways with the day&rsqu...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Chops Sideways; Livestock Markets Rally

The CBOT started out strong but pulled back on quiet volumes and limited follow-through buying. Buyers are looking at early forecasts for ample grain and oilseed supplies in 2021/22 and see no reason to chase the market higher heading into the April WASDE. USDA’s April report is generally...

livestock

Russia and Argentina: Fighter Jets, COVID Vaccines, and Beef

During the administrations of Presidents Marci and Trump, relations between the U.S. and Argentina started to improve. For example, the Trump Department of Commerce accepted Argentina’s petition for a “changed circumstances” review of the countervailing duties placed on import...

Select Filters to Apply

  • Markets
  • Publications

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up