World Perspectives

Recent South America Analysis

feed-grains biofuel

U.S. Corn Ending Supplies Will Be Smaller

As said every year at this time when we take a very preliminary look at the corn outlook for the coming marketing year, it will be all about yield. The U.S. corn farmer has enjoyed four consecutive years of incredibly good yields, but we tend to lose sight of that and automatically plug in anot...

feed-grains soy-oilseeds wheat

Market Commentary

Markets had some follow-through overnight from yesterday’s good gains. Wheat and soybeans were up 3-4 cents with corn fractionally higher. None of that enthusiasm was present today in either of those markets, though. Meanwhile, soybean futures made a run at double-digit gains before closi...

feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy prices were mildly firmer overnight, based mostly on forecasts that the adverse South American weather conditions would persist at least through January. Otherwise, inputs were lacking, however, and trading was uninspired. The overnight trade gave no hint of the rally that took of...

soy-oilseeds

South American Soybeans and Weather

In these days of the USDA blackout, the soybean market is left to focus on the prospects from U.S. China trade negotiations and South American weather. Of course, this situation would not change much if USDA were back in business as those would remain the key issues, but its final U.S. soybean...

soy-oilseeds biofuel

Oilseed Highlights: Malaysian Biodiesel; Soymeal and DDGS; Argentine Soy Crushers; Pakistan and Cargill

Malaysia to Double Use of Palm-Based Biodiesel The glut and low prices of palm oil have caused the government of Malaysia to double the blending requirement for biodiesel with diesel from the current 10 percent to 20 percent by 2020, according to Minister of Primary Industries Teresa Kok. Oil W...

soy-oilseeds feed-grains

China In-Country Analysis

Oilseeds Sharp Correction in Soymeal Inventory With China’s soybean imports down sharply last month versus December 2017, the nationwide estimated soymeal inventory fell substantially last week as sales activity ramped up to prepare for the Chinese New Year. As of 11 January, that invento...

feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy markets tried to generate a “Turnaround Tuesday” during the overnight session but struggled to hold on to minor gains. This difficulty was a signal that Tuesday might be a tough day for the markets, and so it was. Markets assume that China has purchased 5 MMT of soybea...

soy-oilseeds softs energy

Brainstorming without USDA

It takes something like the current partial shutdown of the U.S. government to make those involved with agricultural markets realize how much we depend on the stream of data from USDA. The regularity of things like export sales reports, livestock reports, and estimates of production, supplies a...

soy-oilseeds

Oilseed Highlights: U.S. Soybean Inspections; China’s Soybean Imports; South American Weather; NOPA Crush

Higher Soybean Inspections Last Week but Not Many for China Yesterday’s USDA export inspections report indicated 1,085,251 MT of soybeans were inspected in the week ending 10 January. That was up 59 percent from 682,029 MT the previous week but down from 1,244,979 MT in the same week of 2...

feed-grains soy-oilseeds wheat

Market Commentary

Wheat and soybean futures were lower overnight, and they stuck to that pattern through the day with soybeans opening with steeper losses. Meanwhile, corn was steady during the night session and finished today fractionally higher after posting 2-3 cent gains in the first half hour. The U.S. gove...

soy-oilseeds

Bearish Soybean Outlook for MY 2019/20

.S. soybean supplies at the end of MY 2019/20 could exceed a record 1 billion bushels. However, the following factors could change that outlook: A steep reduction in U.S. plantings coupled with a yield problem A continuation and worsening of the dry weather across Brazil A quick end to the Chi...

soy-oilseeds wheat feed-grains

Mercosur Regional Analysis

Soybeans Brazil The soybean market remains slow. With China very quiet and Brazil currently cheaper than U.S. Gulf, basis continues to fall. The only movement has been for spot positions with the market turning into a carry structure for January onward. Last week there were rumors of a trade at...

feed-grains biofuel

U.S. Corn Ending Supplies Will Be Smaller

As said every year at this time when we take a very preliminary look at the corn outlook for the coming marketing year, it will be all about yield. The U.S. corn farmer has enjoyed four consecutive years of incredibly good yields, but we tend to lose sight of that and automatically plug in anot...

feed-grains soy-oilseeds wheat

Market Commentary

Markets had some follow-through overnight from yesterday’s good gains. Wheat and soybeans were up 3-4 cents with corn fractionally higher. None of that enthusiasm was present today in either of those markets, though. Meanwhile, soybean futures made a run at double-digit gains before closi...

feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy prices were mildly firmer overnight, based mostly on forecasts that the adverse South American weather conditions would persist at least through January. Otherwise, inputs were lacking, however, and trading was uninspired. The overnight trade gave no hint of the rally that took of...

soy-oilseeds

South American Soybeans and Weather

In these days of the USDA blackout, the soybean market is left to focus on the prospects from U.S. China trade negotiations and South American weather. Of course, this situation would not change much if USDA were back in business as those would remain the key issues, but its final U.S. soybean...

soy-oilseeds biofuel

Oilseed Highlights: Malaysian Biodiesel; Soymeal and DDGS; Argentine Soy Crushers; Pakistan and Cargill

Malaysia to Double Use of Palm-Based Biodiesel The glut and low prices of palm oil have caused the government of Malaysia to double the blending requirement for biodiesel with diesel from the current 10 percent to 20 percent by 2020, according to Minister of Primary Industries Teresa Kok. Oil W...

soy-oilseeds feed-grains

China In-Country Analysis

Oilseeds Sharp Correction in Soymeal Inventory With China’s soybean imports down sharply last month versus December 2017, the nationwide estimated soymeal inventory fell substantially last week as sales activity ramped up to prepare for the Chinese New Year. As of 11 January, that invento...

feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy markets tried to generate a “Turnaround Tuesday” during the overnight session but struggled to hold on to minor gains. This difficulty was a signal that Tuesday might be a tough day for the markets, and so it was. Markets assume that China has purchased 5 MMT of soybea...

soy-oilseeds softs energy

Brainstorming without USDA

It takes something like the current partial shutdown of the U.S. government to make those involved with agricultural markets realize how much we depend on the stream of data from USDA. The regularity of things like export sales reports, livestock reports, and estimates of production, supplies a...

soy-oilseeds

Oilseed Highlights: U.S. Soybean Inspections; China’s Soybean Imports; South American Weather; NOPA Crush

Higher Soybean Inspections Last Week but Not Many for China Yesterday’s USDA export inspections report indicated 1,085,251 MT of soybeans were inspected in the week ending 10 January. That was up 59 percent from 682,029 MT the previous week but down from 1,244,979 MT in the same week of 2...

feed-grains soy-oilseeds wheat

Market Commentary

Wheat and soybean futures were lower overnight, and they stuck to that pattern through the day with soybeans opening with steeper losses. Meanwhile, corn was steady during the night session and finished today fractionally higher after posting 2-3 cent gains in the first half hour. The U.S. gove...

soy-oilseeds

Bearish Soybean Outlook for MY 2019/20

.S. soybean supplies at the end of MY 2019/20 could exceed a record 1 billion bushels. However, the following factors could change that outlook: A steep reduction in U.S. plantings coupled with a yield problem A continuation and worsening of the dry weather across Brazil A quick end to the Chi...

soy-oilseeds wheat feed-grains

Mercosur Regional Analysis

Soybeans Brazil The soybean market remains slow. With China very quiet and Brazil currently cheaper than U.S. Gulf, basis continues to fall. The only movement has been for spot positions with the market turning into a carry structure for January onward. Last week there were rumors of a trade at...

Select Filters to Apply

  • Markets
  • Publications

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up